1. This Gold nonsense is in the final days, and then the bottom drops out. Final shot at $150, and not happening.
2. Double top.
3. Head and Shoulders Pattern, All day long.
4. Expecting a break back to $146.60;
5. Once this give, $140 is next, and it will happen in about 2 hours;
6. Stay tuned;
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7. We should make a brief stop at $142.50 along the way to $140.
8. Once we break $140, $120 is the next stop, and there won't be enough exits.
Trade active
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Looks like we got a winner. Down $1 in pre-market trading and Gold down about 1 percent. The bottom is getting ready to drop out. That short we keep adding to every time it was about $149.25 as we outlined "MANY" times, has made us tens of thousands. We are opening at $147.50 today, and that is just the beginning of the run back to $120 folks.
Stick a fork in her. Virus is done.
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And stick a diamond dagger in that Gold, she is done too.
The truth is that these "cross-over" events, will always be short-lived and disappear. I am not sure why everyone isn't aware of the science behind these species cross-over events. The faster they act, the faster they disappear. I would not be surprised if this thing vanished by March...
This strain is less virulent, and spreads faster. Therefore based on "Robert Peckham's Theory", this virus will disappear, but not from Feb 2003 to July 2003, from Feb 2020 to March 2020.
Stay tuned.
bdot
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@drchelsea1, Thanks.. read some of your other comments on this... make sense... hard to know when the market will go up...
appreciate it !