daytrading jan 13 afternoon, page-28

time to start taking profits on the goldies

i don't see POG pushing much higher over the next two days - certainly unlikely to go over the 1265-1270 by end of week. It will either base around the 50dma or poke its head below imo. If it finishes off the week in a new range above 1250 then that would be great for next week.

goldies are currently trading on the expectation that 1270 may go tonight imo - i don't see it happening. People will be upset tom and sell them back down.