Remember this morning's warning with respect to GLD that this may very well be a shortable false breakout, well we are getting very close to testing that.
I'd wait for confirmation before doing too much, but it's time to start paying closer attention.
I'm thinking we'll see a bounce off support or in the area, what happens next is the biggie.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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