"Great call Chuk.How is the gold chart looking in your...

"Great call Chuk.
How is the gold chart looking in your opinion?
Seems to be holding ground now!Another difficult call."

Thanks,

A strong recovery is what I expect fundamentally.
However the chart tells me it's just a bit better than 50:50 to go up.
A move down to 1200-1400 would not shock me though (on forced selling), neither would a move over $2000

By the way I am not ruling out a potential fall to $2.50 for SLR yet, I simply liked the way our market opened and I thought I could make some good money on a day trade on SLR after too much of a fall yesterday and near last weeks support.

I have sold two thirds of todays purchases at 3.11 because I am not sure which way from here.
I expected a rally and got it.
It could easily keep going, but I wanted to lock in a good profit.
I hold enough to hope it keeps going up, but liquidated enough to be able to buy back later when I get confident again about short term direction (that could be 2 minutes from now!).