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broughro
Oct 6, 2018 4:35 AM

Short Term Gold Forecast Long

SPDR Gold TrustArca

Description

Looks like GLD is forming a 4th position small triangle so expect a small spurt up soon, followed by a small retracement, followed by a 3 of 3 strong rally as record shorts are covered...as treasury rates rise...and equities fall significantly...
Comments
ahockey29
Rates are rising and so are bonds. I think the bond market will crush gold here in the next few months and rates are still below the norm. March maybe Gold will start its rebound.
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