GOLD 0.51% $1,391.7 gold futures

gold, page-113153

  1. 10,445 Posts.
    lightbulb Created with Sketch. 4065

    The GDX continuing southbound.
    vvhttps://hotcopper.com.au/data/attachments/4706/4706905-cd1697e583e50deab8cb4594e7baaa6c.jpg

    Having a look at junk and the June low gets taken out closing at its low

    https://hotcopper.com.au/data/attachments/4706/4706871-35dcbf7f33c500523d5d118ff90c85ad.jpg

    10 year yield continuing to spike up to 4%
    https://hotcopper.com.au/data/attachments/4706/4706877-0c865fcffa048946abe34037fae558ee.jpg

    US Bankster index dropping below its July low with a close below it.
    https://hotcopper.com.au/data/attachments/4706/4706880-4d7ecbdaf0f0ac74eaa55277108a0f9b.jpg

    The Dow continuing southbound.
    https://hotcopper.com.au/data/attachments/4706/4706883-7935e138209c93a3aa1ddbcf8e9e482c.jpg

    The Nasdaq with an inside day with a failed rally as it is poised to take out the June low.
    https://hotcopper.com.au/data/attachments/4706/4706889-7e16465e1f2ad15e03dd9b3bb76bc17f.jpg

    S&P 500 similarly poised.
    https://hotcopper.com.au/data/attachments/4706/4706900-6cceb1b0062bb486edf256baa484c19b.jpg

    All in all, all of the broader game is either oversold or overbought which probably means that an inflection point is arriving, So we might get a spike lower in the game then a tradable reversal.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.