Today we will have low trading volume, it will be back and forth. Saturday a big whale buy is coming, not sure where it will end up. The market will level off into a small down-trend Sunday and Monday but we might be looking at another long-descent back to where we are now. It could take weeks.
I love this specuating business...
Unless you're the whale, you don't know they will buy tomorrow. What is your basis on this? Not bearish, just curious.
My speculation is based on DXY and Gold spot price H1 and H4 and a bit of intuition. I've been remarkably successful at predicting the market for the last few weeks using this method and all signs point to a sell off on Saturday. If there is a whale going to buy they are going to lose a lot of money. I'm thinking that the whales are actually investment firms or people with investment experience and they should know this as much as I do that right now is not a good time to buy.