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For Club iNSIDER Traders: Funds continue to buy gold. Price is headed for a test of ATH levels.

Post Views: 243 Precious metals funds continue to buy gold for the second session in a row.-Today they add purchases to Palladium, which is also their most serious Long in the current year. THE TECHNICAL PICTURE-Long Trend with current retest of ATH levels-DeMarker Oscillator continues to aggressively enter oversold supporting Buyside traders-Both Sequential counts are ascending.-7 from TD MegaP hinting at a potential exhaustion of the current bull run. In conclusion: If today’s candlestick closes at current levels, it will be the highest closing, which will further support the buyers, for a complete exhaustion of the Bullish momentum, with a potential test to reach the Fresh ATH around the $2,450 levels.-The price is at the ceiling and the current levels…

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 Head Dealer Alexander Alexandrov

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