Right now, Gold is just sitting there...obviously no one wants to get too heavily into position ahead of a major news announcement (FOMC). Not difficult to understand. What I see, right now, is that for all the buying showing up in the order flow from yesterday, price didn't do much. My short positions remain, one filled, one pending. I'm going to buck the social trend today...I'm NOT going to watch any position or even the market during the FOMC announcement. I'm just going to let things play out as they will. If I lose, I lose. If I win, I win...NO EMOTION.
Right now I can almost "feel" the tension in the market, and its making me anxious. I am now turning off the computer and will check it again at the NY close...Good luck to those of you who are watching, ready to pounce. Perhaps one of my shorts will provide you with the liquidity you need for a long...
Right now I can almost "feel" the tension in the market, and its making me anxious. I am now turning off the computer and will check it again at the NY close...Good luck to those of you who are watching, ready to pounce. Perhaps one of my shorts will provide you with the liquidity you need for a long...
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