Hi Francois.....
I was thinking about You this evening, my Mouette, and Gold....
August will be a consolidation month for gold, but with the new economic data and the talks of "second dip recession" that are going through right now, we can definitively think about the next rally some time around Sept/Oct. I am seing a nice overall market rally in Aug (we'll see if I am wrong..) followed by new lows.
The economic data right now doesn't let predict any kind of "recovery". Before changing my trading strategy, I am waiting for some significant information.....
I miss you Francois.... Where are you? You still have to drink a Mouette with me....
See you soon. I am not coming there very often, staying mainly on RB....
Claire (the happy trader of many unhedged goldies...)
