GOLD (GLD) - Head and Shoulders Top - Down we go

1. This Gold nonsense is in the final days, and then the bottom drops out. Final shot at $150, and not happening.

2. Double top.

3. Head and Shoulders Pattern, All day long.

4. Expecting a break back to $146.60;

5. Once this give, $140 is next, and it will happen in about 2 hours;

6. Stay tuned;

Comment:

7. We should make a brief stop at $142.50 along the way to $140.

8. Once we break $140, $120 is the next stop, and there won't be enough exits.

Trade active:

Looks like we got a winner. Down $1 in pre-market trading and Gold down about 1 percent. The bottom is getting ready to drop out. That short we keep adding to every time it was about $149.25 as we outlined "MANY" times, has made us tens of thousands. We are opening at $147.50 today, and that is just the beginning of the run back to $120 folks.

Stick a fork in her. Virus is done.

Comment:

And stick a diamond dagger in that Gold, she is done too.