Remember to watch out for the COT numbers too from COMEX, looks like the Commercial Shorts are back in number and a correction is imminent:- http://seekingalpha.com/article/842141-caution-advised-in-gold-and-silver
What's Next Items we expect to post to our web site over the next two months, including speeches, congressional testimony, Federal Open Market Committee material, and statistical releases issued less frequently than weekly. Meetings of the Federal Reserve Board and all statistical releases are shown elsewhere. September September 10 G.19 Statistical Release Consumer Credit 3:00 p.m. September 13 FOMC Meeting Two-day meeting, September 12-13 Press Conference, September 13 September 14 G.17 Statistical Release Industrial Production and Capacity Utilization 9:15 a.m.
TG, Didn't know if you'd seen this, but Fed have actually moved the meeting dates from the Tues/Wed until the Wed/Thurs which I think is as rare as me getting a new release at a cycle low Just by an amazing coincidence the German court ruling is on Wednesday. Therefore it gives the Fed the option to adjust any QE plan if necessary. I was hoping the German court said no but now it will probably make little difference as the Fed will step in earlier or wink and hint at it again. Never seen this much intervention and bullying in the markets it is quite incredible the lengths they are taking to keep everything up.
Stunning hammer. So! Where to next week? Well looking at this chart we have an exceptional empowering bullish hammer. More Upside I'm thinking! In fact lots more. ..... Also what has me spellbound is the strength of momentum shown in the bandwidths of the mma's, will be looking for them to squeeze for the phase 2 of the long term elliott wave....Best of luck mates.
Why invite Tozak to the party? When you can Just sit back relax, & see what happens up we will go. Just watch out near term for the slip of the coming dip ..... Will be another great time to buy.