The Gold and Silver long entries fired this morning.They were roughly even at the close of the pit.
Cocoa moved up a bit today, and the position is a little positive now, but nothing too significant. I should be looking to add to the position a little north of where it is now.
Those who follow fundamentals(“fundamentalists”?) might remark that today’s move up in Gold makes sense, given weakness in the dollar.I do not use fundamentals in deciding to put on a trade, but I like to hear about them.John Authers of the Financial Times is great for this stuff.(The Jan 26th video was about Gold mysteriously moving higher despite strength in the dollar).
