No excuses time as IMO we are set up for a strong upside acceleration with what I favor is 5 up from 1459 ABC bottom (from 1557 rally high) to recent 1519 top, another near term abc down overnight to a 1487 low and now a rally to 1508 early session high this morning looks like another possible shorter term 5 up and now a pullback to 1501 area, if bullish as it looks we should keep rallying strongly (and this short term pullback to 1501 area should end very soon) and soon take out 1519 and eventually head up to challenge the 1557 rally high. That's the bullish wave count to me, however any move down to anywhere close to last nights 1487 low would be something that has me exiting all or a good part of my long position - again its no excuses time IMO
Nice close today with things like GDX/GDXJ/HUI all making new session highs right into the close, the bull count IMO is alive and well so far and we should see continued upside if it going to play out. Also, nice day and bullish action in the gold miner/gold ratios, I expect the SILJ/SLV ratio to move sharply higher the next few days if the bull count I favor is in effect. and da beat goes on...