Quote from Maverick74:
I got long Gold around 1300. First time in a LONG time. It's actually the first bullish signal I got in Gold all year. Silver gave a buy signal yesterday. Both look great. Remember the rarity principle, the more infrequent you get a signal in something, the better the trade.
Copper and Palladium also on fire. Basically, China is back. FCX catching a bid. EEM and FXI on fire. X (US Steel) wants to break out. Everything China is going bid. That's where I think the strength is coming from in Gold and Silver.
Watch GLTR to track the basket of precious metals.
I'm long as well, under 1300
, and added today on the pop through 1350 was just wondering what you thought. I respect your opinion and I think the ACD method, I use my own special variation, is one of the best out there.