forever20

forever20

Lightened up on gold miners at the top-ish and now ready to buy back in to re-establish position. Almost exctly hit my red line and followed an ABC correction I'd say.

forever20 Updated 

challenged this area before and been turned back, may happen again but it will get through in time - on verra

forever20

Bullish on URA , may add further to position

forever20

Stocks down / Gold up ?? that's what I'm expecting - insiders distributing? (Pump & Dump)

forever20

got out somewhere around swing high , patiently awaited leg down and re-entered for swing up again and it looks like its on.

forever20

..in the 128 area? Against the generally accepted narrative of the Bond Bubble has Burst. What if a last hurrah as the optimism subsides and shelter is sought? Price action suggesting Yield down/Price up.

forever20

Just added Cash Long position to my Option Buy Call 1305 Oct mentioned yesterday. Mom Div showing too.

forever20

I know lots are bearish on Gold BUT I see maybe this as a pivot point for a new impulsive 1-5 resumption of uptrend immminent. I'm not certain but added Buy Oct 1305 Call Option rather than trading cash market. Lets see price action develop. With Brexit anything could happen so rather than get whipsawed out of a position the option allows backing my view...

forever20

any shock / unexpected event could get Gold going (of course that can happen anytime). However price is now in my demand zone I'd marked out weeks ago as a support level after an ABC retrace from an impulsive 5 up.