Steady there tiger! To be honest, large gaps up/down in the PoG tend to make me nervous; the element of volatility can work both ways.
Would prefer to see this one finish around the $845-50 mark before climbing higher. Otherwise the massive gap up hints at panic covering and buying which will result in equally swift sell-downs once the panic subsides.
Would love to find out what the catalyst for the 2 (to date) cliff like rises are tonight... I'm not convinced that this is the start of the next leg up.
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