Tomorrow, there will be a 50% probability that the POG will rise. If it does so, it will encounter resistance at key strategic points. If the buying power is greater that the resistance then the POG will break thru the resistance.
On the other hand if Gold drops it will find support at intermediate levels. If the selling forces outweigh the buyers then the POG will break resistance to a lower point.
As for Silver, go back 2 paragraphes and replace POG by POS.
Happy trading everyone.
I'm thinking of selling my new daily to compete with Gartman. I figure $5,000 a year or so should do it!
Later
