I did NOT trade this setup on, before or after the F.O.M.C. meeting and statement last week but this kind of gut wrenching action is why I personally stay away from trading financial events like that. You can just SEE the professionals mopping the floor with us amateurs.

It didn’t take long to shake out the shorts and rally the hell out of the front month. This chart I quickly included is spot prices but the action is the same. Look at the range of that opening Wednesday bar. Now we see if it’ll hold above $1800. With the uncertainty everywhere (from Omicron right through the White House to Manchin, my guess it holds until year’s end.

**The Running of the Bulls While Shorts are Gored**

I’m still on the sidelines developing my coaching course. Gold will still be there when I meet that goal. This ain’t July and this ain’t Pamplona, Spain.