GLD & SLV Etf’s..

Admittedly I got stubborn with this trade! Definitely the worst trade I’ve had in the past 3 years. I hate taking a great trade in the equity indices and turning it into nothing someplace else. If you see a guy running around in British Green tights, felt hat with a long feather, that’s me! Robin Hood!

85.19 USD/CHF is the # that the metals are responding to. So the low is as good as any.

The Aussie and Canada are in break out patterns to the upside. This RISK ON Trade should continue, based off of the expected capital flow, into early Tuesday NYSE trading.

I am shortly out of here for the rest of the weekend, therefore I wish to be out of any long Metals ETF’s by the NYSE close today. You can sell them here or wait it out until days ends to see if they can muster a further rally, but we will be out of this position by days end no matter what. Closing under 1483 in the Gold would signal there is more downside to come. The choice is yours.