Commodities like Oil and Gold are making extended stop hunts before the big reverse.Also commodity pair AUD/USD is making new high before the next big reversal.Quick rises are sell opportunities in them.Operators make upward extended stop hunt before the big drop.Such upward stop hunt quick rises are opportunities to take sell positions.But normally those already taken positions will be watching only the equity under tight corner and hesitate taking further positions and intend to cut the holding positions in distress.This becomes a good opportunity for the operators to hold higher levels and induce traders to make short covering.Now new calls will come that extreme new highs could be seen like oil above $120 and Gold above $950 -1000.But they are hypes to create panic among traders and if those pairs have the tendency to go up big then those giving the calls can easily buy and hold the positions to make huge profits without sharing with others.Understand the misguiding factors of the market and trade accordingly.Donot become victim of their act again and again.
Regards
Dr.Sivaraman
dr@i-knowindices.com
Commodity rally for a big reverse.....
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