closing buyer manipulation of small volume made it look good to...

closing buyer manipulation of small volume made it look good to close at 49.0 but bid volume dropping away meaning INSTOs are shorting.
ChiX shows the true picture like before, a close at 48.0c
The daily chart shows weakness all day with VWAP at 48.2 so this seller is trying to convince you to buy at the annual highs as gold price cracks lower likely while they are selling.

Macquarie the banker for PRU still hasnt changed it neutral rating of 40.0c from Feb which is now a sell rating as thats below current price.

As you know, I was very bullish until that high volume triple top at 45-50 reared its head and I sold at 45
Now we are seeing a 2 week plateau at 48-50 with the volume tapering off from the prior selldowns at this annual high range. A few weeks back we saw that sharp 4c selldown 49-45c in 1 hour at close which was very scary for the longs.

I also note that Chix showed a daily red bar down and imho the ASX close was staged. If it had closed at 48.0 like ChiX and where it was 15 min to go, it would have been a bearish shooting gravestone doji in a top range so some INSTO hack is playing the charts and software like a fiddle. Sooner or later the music will stop and we will find out who is holding the chair and who has the crying baby.

So as PRU is a trading stock and it hasnt been able to break this top range then I am happy to sit and watch that fake @h00ts pitchfork go right where we know it cant go.