Gold breaks higher technically
After a huge push higher, then then the recoil, pause and further recoil, gold is finally getting that bounce play going in earnest where the shorts get squeezed higher. Right before the opening they broke that $512.40 resistance area and then the flood gates opened and we see it up almost $9 now. Too early to short again and my thought of cheaper metals is going to have to wait now. That early comment/thoughts was proved wrong short term ... and that's the market for you.
I've let out a little of my long stocks here early.
I've let out a little of my long stocks here early.
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