Gold is finished

$1,771 now. If we listened to you, we are all down about $13,000 per contract. Probably we would all be down $20k+ by tommorrow.

 

The trend is your friend until the bend... This is why trend following strategies such as this one work so well: http://www.forextrading-pips.com/2011/08/08/forex-trading-gold-goes-ballistic/
People are always trying to be so smart pronouncing tops and bottoms in the market, why not just go with the trend and let it enrich you?

 

Judging from your calls, it certainly surprised you.

 

actually it was a little cuz the move up so far has been orderly not in silver type fashion.

 

so far todays bar is bad news for the bulls

 

Yup. Real bad. It's gonna crash to $1500 overnight. And then you might get close to break-even on your top calls.

 

no need to get hostile.

 

When gold goes from $1,630 to $1,771 in a few days and then levels out around $1,745...its not really bad news.

 

After 1764, then it will be blastoff time.

 

You talking to me or the Gold Price?