If the PMs get a good rally here, I would sell into it. The London gold fix monopoly ends this Friday, I think, and that could inspire the bulls to buy if they believe London was not ever on the level in their pricing. What I am saying is....the metal bulls will believe the metals will finally go to the moon and may pile in. (There is going to be an Asian market fixing now.).
I'm watching NUGT closely here due to cycles and the recent big volume (which many times also indicates possible trend change).
No guarantee of a rally but maybe.
The last week of May will be the most exciting reversal period for the first half of the year it looks like in the financials. So, I have an if-then flow chart in mind so can be prepared. Hard to think when everything's happening. lol.
