HEADER - Slowing a down a bit, one more FOMC.
SUMMARY - This is where I am. I am explaining what I am doing. That is all. This is NOT a recommendation that you do the same thing. All I am saying if you are going to be short gold, be EXTREMELY CAREFUL. I am super concentrated in gold longs to the extent that I cannot afford to be wrong about this move. Essentially speaking, where the rest of my life goes depends on me BEING RIGHT AND ON TIME about this move from here on out. Right, and I may pay off my mortgage this year. At this moment, I am basically all-in. 95% of my options are April 14 1800 calls. So if gold is 1850 on 04/14, I essentially break even. I am totally convinced that gold ends March at 1950 or higher and hits 2270 from 5/15 to 6/15 (right now leaning 6/15, but would lean 5/15 late March.
DETAILS - If you are following with IRL (RATIO 9/16), this is what to look for. The last "wiggle" for D8 was a giant one, but that's the absolute last one from where I stand.