CZ TRADES 500 1/2….. RETRACES 62% OF ITS LIFE OF CONTRACT RALLY

Maintain short positions from last 3 weeks or so.  Move your buy stops down at least another 30 cents and guarantee an addional $1500 per contract short.

CER 1:04 CST

Gold found support at 12.00 and is trading today at 12.50.  This AM we were stoppe out at 1200 and 12.25.. Currently I’d have a limit order to sell august gold around the 1300 -1302 level.  1302 would be a 50 % pull back from the recent $242 dollar sell off.

That’s about it for today.
Hope you all took profits on these short positions.

CER

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