Have sold my spec gold stock positions as the US broader game is looking a tad precarious and the Bankster interference overnight into tonight's NFP. No point being fully invested with risk rising.
A daily on the Dow with a big outside downside reversal closing near its low as the Bankster liquidity train gets derailed. One day doesn't make a trend but the Banksters will become more active in preventing "safe haven" assets from outperforming the broader game. So we shall see.
The Dow has broken below and closed under its 50 day which is the first time since the Bankster induced liquidity operation got underway..
Same game with the $S&P 500
Nasdaq too. Note the bounces up to close any residual gap before turning southbound. Only the Dow gap wasn't completely closed.
A 5 minute on silver where the Bankster blast below $27 is apparent and it also appears to be where they are capping at.
A daily on the game where we could be looking at another consolidated effort.
Technicals are extremely overcooked on the daily with the weekly a close second. Time to be a bit cautious from what I can see. You pay your money and you take your chance.
