We were traveling on Friday and could not write our daily report on metals. The facts are simple, we are still small. Clearly this is not a comfortable position to be in recent runs for resistance. However, metals are at the upper end of the resistance; They may turn upside down or fail.
Our message is consistent: we are not emotional about our positions; They are, in fact, based on a mathematical principle, not our opinion. Ken Gold, Silver And Platinum Breakout from here? Can gold ever reach its peak?
The answers are simple. Of course, they can; On the other hand, it slows down and restarts what the algorithm shows as degradation. Either way, we’ll be more or less until tomorrow. We’ll be low across the board; Nothing will be reversed before tomorrow morning.
Today there is a fly in the ointment. This is a partial holiday. Banks, bonds and currencies will be closed. Today’s action could be wrong in both directions. We do not sell tops or bottoms; When the trend changes, we do the reverse. It’s so easy.
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