Anyone see any particular reason to cover yet?
Just looking for alternative views. I have been heavy short NUGT JNUG CDE. any particular reason to cover here? I don’t see one.
Am I missing something?
Just looking for alternative views. I have been heavy short NUGT JNUG CDE. any particular reason to cover here? I don’t see one.
Am I missing something?
FYI SKIGOLD armageddon scenario is potentially in play….
Targets?
Model doesn’t work that way….
I agree with Plunger GDXJ is going to 32 if we don’t have an intraday reversal again today….
New po is 33
Plunger you can quit your day job now and but the freaking plane with your short winnings
🙂
Shhhh…don’t tell but I’ve been in HZD and HGD
I have a big level at 1235 in gold FWIW Plunger. Obviously I wish I knew if it holds or not.
And 18.00 in silver. Time will tell I guess.
gone
Indeed, no messing about.
1235 in gold and 18.00 in Silver just gave way…
Weekly preconditions for a low are now in place.
But dailies are not.
Neither are my intradays.
I will say this … as I have been … sell any multiweek bounce we do get. And I do expect one.
If Silver stops right here at 17.71, that could be the backtest of the descending trendline from the last years July high after the recent breakout !!
The Bottom comes when everybody stops looking for it
We are well outside the BB so I covered a large part of my short. However with any bounce up I will redeploy. Huge trade here since the market has caught so many leaning the other way