I actually did go long and went to sleep. I even added to my position before going to bed as it broke out above resistance. Gold certainly came off last night and the weird rally in oil ceased. I have done this same trade 4 times this week. I cant really see any catalyst for the price to go up or down. I think most of the move down was due to end of month and some squaring after the FOMC meeting. My next challenge is to figure out what China is going to do with all these extra babies and what will they need. I am currently short the NZD. I know they are going to need milk. Will these rumors come out soon or is there time for RBNZ to cut rates before the price gets away.
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