We will see if the $158 area holds on the GLD. It now is at the bottom of the channel that is formed.
$158-$163 looks like the zone it keeps waffling in.
Not a lot of room for error that in my opinion so not worth the risk. Too jumpy at the moment.
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Even the US dollar drop isn't helping gold. So confluence must be used, need the bond yields to fall and equity markets to fall as well.
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