daytrading august 5 morning

Morning all. Thanks HLL and contributors.

Should be a bit of a pop for market on open after good leads. Not what I like tho. Too many gap ups. I have been concentrating on gold stocks lately and latest events have made that problematical.

I don't like the fact that gold price has only recovered to $1312 level, needs to go quick to $1320 and continue to over $1350. Otherwise I'll be thinking of retrace to look at $1280 again. So I'll be out of that game until better guide to direction.

Plenty of enthusiasm for other stocks so anything is possible today. Just care buying any strong opens.

Check open orders.

Happy Trades