- Looks like what I was looking for earlier is now happening.
- Waiting to get nearer to weekend close (and confirmation) before taking action. Not going to rush this as this is currently highly correlated to the rest of my Risk Off trades.
- Now at 1594. It must bounce here soon for the bulls to retain any hope. I am certainly not a bull.
- Gold weakness in the face of EUR turmoil is not a good sign for gold. Perhaps all the money will run into USD and JPY.
- By the most extreme measure, triangle downside objective is 1194.
No comments:
Post a Comment