ThelmaBrowns

Gold shirting opportunity

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COMEX:GC1!   Futuros de ouro
In a world of endless money printing, I know it sounds crazy but I dont like gold, not even here.this little event today caused a sale in out of the money futures and GLD puts. The structure here is awful and this only looks to be a short liquidation event. We could rally another 20 handles but I see 100 handles to the downside here easy. They are correcting it abit here, we will likely see a sucker's rally tonight into tomorrow and then it begins. I'm looking at buying half the load now and tapering the other half dependent on price action in proceeding days
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