More down than up this morning! With wheat the lowest.
A cup of Joe bottomed out this morning, but wheat went high.
That morning coffee was lower today, but wheat made a big jump.
It was an ugly day for Gold as fear washed away. After making an early high around $1390 oz, Gold is sitting at $1366.87 this morning. This chart speaks for itself – gold is in an uptrend, roughly ran into trend resistance yesterday and has pulled back. Support $1345/50.
Gold is really interesting at the moment – in a nice little uptrend and I think going to do well if stocks go off as they might in the week or weeks ahead. The trade and the levels are clear as you can see in the chart below. The $1375-$1400 region is going to…
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