Monday, May 8, 2017

Trump Range Resistance

Gold must break through this!

As noted in March, the Trump victory Gold bull trap has created significant resistance, which is ongoing.  The current GLD pullback should hold above 115 (1200-1210), where the Trump Range base intersects a secondary uptrend line.

Many Trump supporters have been burned badly and, even after six months, the wounds may be festering.

Stay Tuned!

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