Took some money off gold

I posted on 16th of December that I was buying gold at 1125 somewhere. I used the 2x gold ETF DGP which has gone up more than 45% since then. DGP is up 2 days in a row while it's supposed to track gold which is actually down. Makes no sense, I sold and will get back into a gold ETF when overbought conditions are less extreme. Still hold Silver and GDXJ

GOLD to 1480 ?

It's been slow in the making but still looks bullish to me. ADX low and turning around, I expect a move to 1480.

A quick 4 bucks in oil, used 2x ETF UCO

Grabbed some GDXJ

Sold biotech, mostly cash

Sold Biotech, stochastic on ratio XBI:$SPX works well to find extremes. See 2nd chart.

I don't see many charts worth putting money at work right now. Still think we'll break 20K but, aside from a pos in Oil and Physical Gold, am cash.

Sold gdxj

Those 2 worked well

There is analysis of course but luck surely helps. Jumping in biotech yesterday and getting such a move the day after certainly accounts for some luck.

Long biotech, tight stop

Long GOLD

From a fib perspective, 1124 is nice level to get in.

DBC at resistance

Nice run up in commodities to resistance. RJI is another commodity ETF that looks interesting.

Weekly looks as bull as can be