Thursday, June 7, 2012

All that Glitters might turn into junk

My last gold post did not take place, as gold just rolled over. No short was initiated.
This current big bounce however provides an opportunity yet again, on something that has taken the last four years to build up.
The chart sums it up. On any push further up around 1655 i will be shorting and will stop shorting at 1675.


I just hope yesterdays pop and drop is not the train leaving the station.

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