GOLD: Tacking Into Strong Fedwinds
The GLD pattern shouts this (note the E-Breakdown). Folks thinking of buying physical Gold or Silver should consider holding off for awhile.
It’s highly suspicious that the February Jobs Report was delayed a week from its normal day, Friday March 3rd, in lieu of three FED governors jawboning various of their sycophants around lunchtime (before the markets close!).
Bitcoin just passed Gold in price. How about a Gold-backed Bitcoin?
Happy Trades to You!