If (and only IF) gold rallies over the levels that mtp shorted, I'd be inclined to go with the uptrend. Gold has held it's own in the face of a rising dollar.
joj,
I figured you wanted this post up here in the trading forum.
Thanks Mike.
Shame on me. I didn't have my buy stop order in place and the market got away from me. I'd have an 8$ winner if I hadn't been busy with other non market responsibilities. Happens more often the older I get.
worked overnight last evening,was watching the 30 min chart,bounced off 1284 a few times,put in my stop,was filled around 7 am