30 minute chart of gold. We lifted the gold hedge yesterday based on this chart. We’re putting the hedge back on today based on this chart. We keep telling readers to invest not trade. See what a hassle it is? We didn’t re-hedge silver and platinum. Whether or not the current pattern forming in the metals is a flag or not remains to be seen.
Today’s downbar in the Dow is well within the confines of the pattern, not a flushing action.