Joe Ismail
Joe Ismail
days moves positive short three time
Every time we have about three days of downtrend, you get one or two days of positive moves in the short trend.
near phase shallow term
Any corrective phase that will come in the near term could be a shallow one.
gold move quite ready
Gold is not quite ready yet to move in the upward bias.
commodity cycle holding metal prices
The metal cycle is still intact, with commodity prices holding very well.
bit might strength week
As the week progresses, we might see a bit of short-term strength with window-dressing before the end of the quarter.
again bit bounce coming good until
We have a good short-term bounce here, but until we retest the 12,080 mark, we may see a bit of profit-taking coming in again because of the nervousness on the market.
carry days slow strong three
We will have carry through from yesterday. But after three days of strong gains, I think it will probably slow down a little bit.