Wednesday, May 22, 2013

Silver and Gold futures

I still think there's going to be a fantastic trade in one or both, I've thought that since last week before they made (in gold's case) the best move in a year in Sunday overnight futures in to Monday.

They both look set to retrace a bit which will keep them lateral and we should start seeing accumulation in bigger amounts that will give us a clue as to when a trade, a high probability, low risk trade will be near, it could come very fast, it could take a few more days, but I'd have some dry powder put aside for it.

I'll update both later as we see how they develop

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