You know, when I saw the digital PMs open higher last evening, my first thought was "watch out" as we've seen this lots of times before. The metals run higher on a Sunday night before being reversed hard on Monday, thereby painting a reversal candle on the chart. And now, here we are.
Of course, there's still all sorts of time left in the week and, as you know, it's how you end the week that matters. Take last week as an example. CDG fell $14 and CDS fell 52¢ last Monday...before rallying $54 in gold and $2.14 in silver over the remainder of the week. And those four-day rallies...