This looks like a shorting opportunity after filling th
gap left yesterday. But i think the economy is not doing as well as the stock market indicates so I am going to remain cautions on gold
since it is counter trend to the s&p
. the govt
needs to have the economy look better than it is hence the new high in the stock market. I dont believe it. when things look different than what is really happening these days, I remain on alert. Maybe gold
and the stock market are diverging.