Gold has shown some monster resilience in the wake of this equities rally. Look at that accumulation, Buy on the breakout over 1590 (wave 2 is a flat) or buy on one more wave (e) dip to 1490 (wave 2 is an ascending triangle). Either way this thing looks to be going higher.
Comment:
The way gold rallied today w/ equities at ATHs is crazy bullish... also makes me feel like somebody thinks something's gonna go down this weekend.
Comment:
Sry, typo 1590 should read 1520 on prev update.