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Marketwise

07/20/17 1:38 PM

#4990 RE: StockItOut #4989

Unaware of the ECB announcement to hold steady on rates this am - my bad. Looks like market is now trying to gage the central banks plans WRT to its bond purchasing over the near term - possibly starting to wind down that QE at some point this year. Explains the sudden rise in gold this morning. Will be watching for a reversal in POG and likely sit on the sidelines until I see a set up for one. If you could catch even a small gain on that last buy would you take it? I probably would then look for a better or at least "safer" entry tomorrow or early next week...