murk

murk

$GLD Long idea. Geo-political catalysts assad (aside) The Trump rally is starting to show signs of exhaustion . Fed is "unwinding" their balance sheet & if we shift into a risk-off environment then this scenario for $GLD should prove to be the spring board to reach R2 within a couple months & or rise somewhere in between R1-R2 within the foreseeable very near...

murk

I'm offering this idea as an alternative scenario to the larger "possible" Primary H&S which started forming last year. If 2 of the major catalysts (Oil & Fed meetings ) in March are received well by the markets I'm imagining it playing out something like this leading into 3rd quarter. I listed the various Inflection points I felt were relevant. Sorry if the...