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This quote is just one of 9 total Robin Bhar quotes in our collection. Robin Bhar is known for saying 'It is difficult to know what is happening -- it may be profit-taking, but it is certainly not a trend reversal.' as well as some of the following quotes.
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.
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.
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.
This quote is just one of 9 total Robin Bhar quotes in our collection. Robin Bhar is known for saying 'It is difficult to know what is happening -- it may be profit-taking, but it is certainly not a trend reversal.' as well as some of the following quotes.