The Month Of Gold

I do think we will see gold make some higher highs this month before a pullback, US$1450 is achievable in this current wave with the possibility of a 5th wave extension.
Stocks held medium term are still CHN, PSP and ROL with ROL the only positive amongst them.
Currently have entry in OGC, ADU, MDL amd again IAU all postive.
Look to exit OGC this morning performance here is disappointing and feel there are better opportunities elsewhere.
Have a target of 80 cents on ADU and $1.50 on MDL. IAU, will expect to trade in and out with 2 to 3 cent wins.
US markets all positive overnight will see us open up expect trading to remain somewhat flat with some gains in gold stocks again. It would not surprise however to see the All Ord's challenge and close slightly over 4,800, the overall direction of the market is still not clear and till we are over 5,000 I am not totally convinced that we are in a bull market despite what the great majority think.