Groundhog Day

“The usual bull market successfully weathers a number of tests until it is considered invulnerable, whereupon it is ripe for a bust.” – George Soros
As we head into the weekend after another day where equities seem to have been saved by the bell, we will be focused on GC for possible tells. Keep an eye on the 1250 mark as the bull/bear line for the day. As has been the tradition this year, we continue to see Friday trade as an opportunity to try and position long rather than short the shiny metal.
Wishing everyone a great weekend ahead.

2 thoughts on “Groundhog Day

  1. I’m looking for forex strategies, buy and sell rules, indicators. Can you suggest resources that discuss best strategies?

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s