Right now, I'm happy with my warning or rather 3C's warning on the move up in gold.
This is a 1 min chart with a pretty nasty decline on volume the last 10 mins or so n GLD. GLD is still in the green on the day, but this is not how it should be acting when looking at price and volume alone.
The 5 min 3C chart isn't showing any hints that this current leg starting to move down is going to let up any time soon.
Is interest rates about to start going up?
-
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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