As you probably remember, I'm expecting a reversal down in GLD. We got the move above the intraday highs, it's turned ugly since.
Today's intraday move above the intraday highs at the red trendline (1 min chart)
The 15 min chart is already negative. Volume picked up pretty well as support was taken out.
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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