Loading ...Steady on the tiller as Jim Dines was want to say. The $Gold chart still says full speed ahead…damn the torpedo’s. Different story on WED, July 31st. Then this up cycle was lost unless we had an immediate DRAMATIC upturn! And wow did we ever get that…a knock your socks off rally the next day on Thursday Aug 1st. Still give back Friday was coming up to the plate but, it turned out to be a very mild small giveback. The weekly charts were then good to go.
Since then, I just have blue sky signals…so far anyway.