TODAY'S PROFIT....$2,328.64
TRADES PLACED....6
WINNING TRADES...3 [+$2,630.96]
LOSING TRADES..3 [-$277.40]
AVERAGE P/TRADE PROFIT..$2,328.64
Gold/Silver up again for the 2nd BREAKOUT day in a row heading for the Resistance level of $39.50. $40 is the magic# here. I am expecting it to continue a retracement to at least $44 and back up to $49 again. The RED ALERT# IS $50. Once it blows through that ALL TIME HIGH there will be MAJOR NEWS and things will get really exciting. But for now it's retracement time for the month of June. Check it out:
That's a 1 Month Silver Chart. There is still room to get in before it retraces back, and of course I'm expecting some downside to this as well but I'm not expecting any slide below the low of $32 anytime soon.
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