I'm expecting a possible spke move up, followed by somme intraday downside in GLD, whether it exhibits the same behaviour as late last week in which it gave up gains, I don't know.
A bearish ascending wedge, I'd expect a head fake move up before a move lower intraday.
3C 1 min
3C 5 min-both showing negative divergences.
SLV looks like an intraday sell-off is coming, but mid term, beyond intraday, it looks transitional.
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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