GLD's move lower today looks a lot like a stop run or head fake move...
With the USD/JPY and the averages coming down, we'll find out soon enough, but needless to say, I like GLD long here for a quick trade.
GLD stops hit this morning.
GLD 2 min still positive even after that or I should say, especially after that.
3 min positive
5 min with a huge leading positive divergence.
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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