Trader's Perspective

looking for resistance at 1680.50 but a poke above would satisfy the bulls for some profit taking. Doing some wave counts it is possible if...

down $10 already- taking 70% off - riding rest with b/e stop

Shorting Gold here 1263

http://finance.yahoo.com/blogs/daily-ticker/don-t-fooled-sell-gold-1-400-then-113216641.html

1601 mentioned yesterday is in play- 50EMA with fund managers end of quarter window dressing

Bounce in effect due to window dressing in to the end of quarter. Money managers favorite game in deed. look for a test into the 50ema line ...

Gold and silver crushed because of the FED news- I find it so funny but people don't understand this market upmelt is all because the FD...