Hello friends. Not a whole lot to say here. I continue to be very bullish, but I've stopped adding to my core position for now, as we might get a nice dip here to exploit.
Trading-wise, however, I've been buying red days and selling the bigger green days, and I'll continue to do that until it looks like we're emphatically breaking out in one direction or another.
It can go either way, but the resistance of the blue trend channel since my last post hasn't been encouraging:
Still waiting for a breakout in euros, but the blue line looks rock solid.
|monthly gold: in the big picture, kind of a modest move for all the hoopla|