This is the chart of S&P Futures priced in #Gold. There are a couple ways to draw this channel (one where the channel hasn't broken), but I favor this interpretation where support turned to resistance.
I am watching closely to see how this resolves. The Fed announcement tomorrow should bring a clear near-term direction.
GC
GLD
SPX
SPY #SPX
I am watching closely to see how this resolves. The Fed announcement tomorrow should bring a clear near-term direction.
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