Gold ~ 29 August 2013

Gold's advance continues:

(link to previous post)

As long as gold is above 1350ish, the medium-term trend is up.

S&P 500 ~ Intraday ~ 29 August 2013

We're at the resistance now. Let's see what happens.

ES ~ Globex ~ 29 August 2013

The ES was up 7 handles at one point during globex but sold off in the last hour and is now down about 3 points.

As long as 1640ish holds, I still think that we'll see 1620 or possibly even 1595ish:

ES ~ Globex ~ 28 August 2013

We might decline to the support at 1620ish today. Days following a big sell off are usually quiet though so I don't expect big movements today.

Silver ~ 27 August 2013

Silver hit my first target:

(link to previous post)

I think that either at 25 or 26 we'll get a small correction followed by the next wave higher toward 30 $ (similar to October 2010).