XJO 0.88% 7,959.3 s&p/asx 200

11/09 Indices, page-109

  1. 2,398 Posts.
    lightbulb Created with Sketch. 2603
    Gold is setting up for the biggest move of the year IMO.

    Should happen by end of Sept but don't be surprised if it's in the next few sessions.

    I was targeting Friday 15th but took yesterdays pop as an opportunity to get some puts on and have just loaded some calls today on the dip.

    Am using NST as a proxy.

    So I couldn't really care which way it runs, just so long as it runs hard.

    Quite a few big data drops in coming days for catalysts but don't rule out news on Putin and Nth Korea - news like this always seems to be released around OPEX, which also coincides with the start of many major market moves (tops, bottoms, breakouts etc). I'm sure that's just coincidence though

    If gold stays in range till end of Sept then will look at adding to positions...
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.