Monday, June 26, 5:52 pm EST. So, about 4:00 am this morning, a massive gold sale went through, knocking the price back by some $20… then, throughout the day today, the price of gold slowly worked its way back, to close off earlier by only $12.10, or .96%. Pretty bad, you’d think. I though for sure that miners would get smashed hugely today… au contrare, mon ami! Mining stocks closed off only a little bit… an average of all I follow was off .56%. Scary, hunh? Not really.
In any case, I’m going to update the timer, and hope that we can flounder around for a while longer, and the technical measures of risk can get to their respective signaling places, if they would. Still expecting it set-up for a goodly trade in the not-too-distant future!