Might be time to buy some fear guys/gals. Those that have been long gold with me have been in the inflation trade. While that is still going strong, today's FOMC decision might be a signal to crash the market a few points.
I'm in a quarter position here and will add if it resistance holds on the S&P. Looks like a head and shoulder top is forming on the hourly.
Good luck all. 2-3 day trade, re-assess after. Stop out if S&P makes another new high.
I'm in a quarter position here and will add if it resistance holds on the S&P. Looks like a head and shoulder top is forming on the hourly.
Good luck all. 2-3 day trade, re-assess after. Stop out if S&P makes another new high.