I dunno though.... ahhh... you're probably right. What time does Trump get locked up tomorrow btw? Or mug-shotted. Whatever. More drama for the cable news ratings. >>>Ya know it's hard not to laugh at things. Sit here and think everything will work itself out and this is just the same ol same ol. I dunno though. I hope it is. But there's a part of me that for some reason remains unsettled. Like its finally time the chickens will come home to roost. I hope I'm wrong, and I sure hope a year from now we can still be here bickering over silly stupid bs and still laughing at it all.
It is going to be a very benign affair. Most likely no mugshot or fingerprints, since this is unprecedented so they will tread lightly. He'll be back at Mar-a-Lago tomorrow evening and give his press conference. We will be bickering about his nomination a year from now. And that will be silly stupid BS. Yes sir. I think, though, there will be more crying than laughing.
I don't know how seriously to take it but I will be watching. People have been talking about Operation Sandman quite a while. I do think it will happen eventually. The US has had the reserve currency since after WW 2 but has not acted responsibly, creating trillions out of nothing. Out of nothing = worthless. We send this "money" all over the world in return for real stuff and they are sick of it. That which cannot continue.....won't.
Evil mouse got sick of gold, got too much pain from too many mouse traps. There are easier trades elsewhere.
You have watched these patterns before, and have been though many trials and tribulations with the miners and the spot price. Combined with what is coming with the Fed pivot within the next year, do you NOT see a triple top? Why not short the futures at least? It seems to me that GC spot is unsustainable above the BRN of 2000 based on what is coming from the Fed by end of year. A case of too far too fast. Just a suggestion.
So far so good with gold price, I see no obstacles ahead, it can keep running atm. But gold jerks around alot, not my style, it best suits shorter term traders. Crypto for example atm is easier to trade for me, much smoother.
Hehe, I want to see you tackle NG, the widowmaker. (And hell, RB is prolly a widowmaker as well at this point. It is so bloody volatile)
Looks like another day higher to me. ES 4170/75. This is just basic trend-following and price targets, i.e., open gaps above.