The metals had a nice rally today after the post-option expiration gut check.
Benny cooed some reassuring words but did nothing. The equity markets rose for lack of anything better to do.
Gold and silver have not yet broken out and set the 'W Pattern' with a strong close above resistance around 1780.
If they can stick a strong close the year end target of 1950 is activated. Right now I cannot judge the probability, so I am running a more balanced hedge. Europe weighs heavily on most markets.
