Robin Bhar
Robin Bhar
although expect quite
The way they are going, it ($600) could come quite quickly, although we should expect to see some profit-taking.
absence current market movements possible price prone trading upside wide
However, the market may be prone to wide trading ranges and choppy price movements while current consolidation continues, with more liquidation possible in the absence of upside momentum.
buy consumers dips higher hoping market producers reluctant remains short wants
The market remains fund-driven. No one wants to go short while consumers buy in dips and producers are reluctant to sell, hoping for yet higher prices.
fund main stocks
The main story is still fund money. Stocks are low.
bring due funds good likely money month performance prophecy
Funds are still keen, with the end of the month likely to bring even more money to commodities due to the good performance they've had during January. It's a self-fulfilling prophecy at the moment.