Very interesting markets yesterday. I think it's time to dust off and revisit one of our recent posts on this blog.
This post was titled, "What the heck is going on with gold?"
As we have said before, it is much better to trade with a technical game plan or chart game plan than one just based on the fundamentals.
Perception seems to be the name of the game right now, and yesterdays perception that inflation is coming back in a big way seems to point to higher levels in gold.
When you have time check out the video and see what has happened since we analyzed this market.
Enjoy the video,