Yes now that it is below 1300 I am shorting it, I am not range trading it, otherwise I would short it above 1300 and look for it to move below for a profit. I am playing with the gold silver ratio which is now 65. The number of times gold has pivoted above and below 1300 is significant, so I am just protecting myself in case we head to new lows below 1180. It will probably cost me if gold ranges tightly in this area for another year, but I think it will break out up or down before then.
