Every time we watch gold price decline, we used to see burgin hunter get inside the market and they start a random buying process to, to gain profit when gold price rise.
We used to see burgin hunter came from the Asian market, but for the first time we are going to see them from Europe and USA.
I think there is an expected slight rise in gold price, in other word gold price lose will be declined today by the end of the session.
Burgin hunter used to get in gold market, when the decline of gold price is less than the normal average, thats we had today in Gold market. When gold price declined for more than 1% we watched Burgin hunter get inside the market to buy gold in a low price. but why they could buy gold and most of investors head to buy it?
Burgin hunter had a way to gain fast profit. When they watch gold price down, the party of burgin hunter get inside and starts by excessive buying rate until gold price record a rise and then they all sell gold, this process called gaining profit. after the gaining profit, we watch could price decline.
We will watch another decline in gold price soon.