Whippy action

٤ ديسمبر ٢٠١٤

Wowzers...what a reversal candle. After starting another leg down the Swiss decided to pass a referendum that helped push Gold further down...but that was short lived. Someone saw the opportunity to buy and pulled a big trigger. This move stopped a bunch of people...including us. We had some off the table but were dinged for a couple of nickels. We still favor the downside and will sit on the side lines until we see an area to get short. Stay tuned for more on Gold.