At 1765 I said, "If you only listen to me once, don't walk away from this trade."
Now at 1800, I say again, "If you only listen to me one more time, don't walk away from this trade."
We all know gold traders are emotional. But chill out guys and gals, it's 1800 last second I checked. We are 6% from all time highs. 5% yesterday during which August futures were 1858, 3% from all time highs.
A note on fundamentals and classical technical analysis: I can see the double top on the weekly or monthly chart. It's not a double top until the rally fails. If it breaks out, then it's not a double top. I put six years of my life into this strategy/software, I am not here to waste your time. I am well aware of seasonality, I've said this many times over. So if we had 1.6 Million payrolls beat in July of all months, why did gold break 9 years highs? Because there are more buyers and sellers, period full stop.
See you, space cowboys.