GLD cup and handle formation
Price target 170 imminent.
1.) Margin call sellers from 2/24-2/28 gotten out, so lesser risks in this happening again.
2.) Sanders winning super Tuesday isnt' going to be good for the market.
3.) Rate cut is good for gold.
4.) Corona virus worldwide spread has not even peaked yet.
5.) SPY will enter bear market based on broken supply chain due to corona.
1.) Margin call sellers from 2/24-2/28 gotten out, so lesser risks in this happening again.
2.) Sanders winning super Tuesday isnt' going to be good for the market.
3.) Rate cut is good for gold.
4.) Corona virus worldwide spread has not even peaked yet.
5.) SPY will enter bear market based on broken supply chain due to corona.
Penafian
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