Nem power house today.......expect fake to the upside when CNBC commented that gold stocks overvalued ....what do they do ?......takem higher and squeeze the shorts.....lol
xau Filled downside jan 13/04 gap nicely now needs to back fill and head lower......look to closing out the short tomorrow at the latest.....don't like being short golds over night as they are in a primary bull trend....period.
Nice to see the xau pull back smartly in the last 15 minutes......had they pushed it to the HOD then i would be sweating......30 cent drop in no time.....lol
Not really a trader...but I did sleep at a Holiday Inn last night.
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