1245-1248 region is the place to buy for potential break-out in gold if you are not already in yet. Aug 8th I see gold crossing 1260 for the last time in a while in this breakout scenario. If successful, the momentum in price will increase drastically.
Took positions today in GDXJ and GLD. December maturity call options. We got 1251, not quite 1248, but close enough. Now its just to sit back and wait.
Trade ist aktiv
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1275 is now key for further advance.
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1275 taken out. Moving on.
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1285... We're not there yet. Not at all.
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1292.. Well. I think we go to 133X before this DC tops.