GOLD - SHORT; SELL it!

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At first sight this may be is somewhat counter intuitive at first (amid the anticipated equities decline + the massive short on the Dow/Gold Ratio) but really it is not;

1) Charts (price action) don't lie;
2) The true (reliable) Safe Haven is still the Yen - JPY; (Likely more than before?)
3) Forced liquidation in the equities (and similar events) will put pressure on the PMs, even if it is only temporary;
4) The Gold/Silver Ratio;
5) Feel free to make up your own reasons.

The Gold / Silver Ratio

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ملاحظة

Here is the old post;

Have been short gold for the past $180. Worked out well!

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ملاحظة

Here is the Gold / Silver Ratio Weekly

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تم إغلاق الصفقة يدويًا

FLAT - for now; $0.0 (Scratch)

Going nowhere fast, here. We'll be back at it.

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تم فتح الصفقة

SHORT

Short for now. But...

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أغلقت الصفقة: تم الوصول للهدف

FLAT; +$31.00

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ملاحظة

This is indicating indecision here! (The G.S. shows Up, everything else calls for a dump!)
We'll wait for the weekly open and at the first sign of weakness, will Short this something fierce!
Incidentally, The SMI sentiment in the PMIs indicates a top in the equities, E.g. a bottom in the UD. Which will make this a Short for quite some time to come!

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تم فتح الصفقة

SHORT

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تم إغلاق الصفقة يدويًا

FLAT; -$3.00

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أغلقت الصفقة: تم الوصول للهدف

FLAT - for now; +$24

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ملاحظة

The only reason we closed out the Gold Shorts, here, is because of a large Short position in silver, being the primary PM trade. See thi post;

Otherwise, stay SHORT! - in no small part because of this;

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تم فتح الصفقة

SHORT

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تم إغلاق الصفقة يدويًا

FLAT; -4.00

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تم فتح الصفقة

LONG

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ملاحظة

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