GOLD TRADE ALERT (3:35 pm EST)
Gold is rallying strongly into the center of this week's reversal zone in what could be a "blow-off top". This looks like a good spot to sell short with a close stop loss on any break and close above the $1200 - $1250 area. Entering a short position in gold today. Note: this may be a very short-term trade. I will comment more on this and other markets later this evening.
Gold is rallying strongly into the center of this week's reversal zone in what could be a "blow-off top". This looks like a good spot to sell short with a close stop loss on any break and close above the $1200 - $1250 area. Entering a short position in gold today. Note: this may be a very short-term trade. I will comment more on this and other markets later this evening.
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