If the trend is in-effect as shown, GLD could reverse tomorrow or in the overnight session.
The senior miners (GDX) stalled during today’s session. Price action is still at the Fibonacci 23.6%, retrace level.
To help clarify the firm’s positions, the following detail is provided as a courtesy only.
Several accounts are being managed. Currently there are two open positions in separate accounts (not advice, not a recommendation):
Detail Position Stop
Short GDX DUST 20.44
Short IBB BIS 25.46
Everyone has their own style. Ours adheres to tenets laid down by three market masters from the early 1900s. Detail on those criteria can be found here.
One of the reasons for choosing Livermore, Wyckoff and Loeb, is that no evidence exists these individuals were part of any full scale corruption or being the lap-dog for the globalist elite.
That statement is the complete opposite of what we have today. At this stage, the corruption and lap-doggery should be obvious to all.
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