the retracement thats occured feels way over-done for the current state of the US dollar. USDX should be sinking like the titanic.. not making gains. the US has hit the debt ceiling and bernake will no doubt turn off his printers at the risk of defaulting. gold/silver should be going to the moon on that alone. side lining for a few months, I feel august is going to be a rough month.
Mitch
Mitch
DislikedPulled the plug onthe gold I bought at 1500 today, Im not happy with this now at all. I will leave the small lot from 1485.
Had enough of this now, PA looks pretty bearish to me at the moment. May regret this decision.Ignored