Despite my medium term pessimism on the stock/commodities market, I think we are poised to the last push higher. Check out the charts below.
This is a classical Wyckoff schematics in the making. See that “spring”? There is a good chance Gold is going to test 1023-1025 area today, which also means another leg down for USD and a test of yesterday’s highs by S&P 500.
If you want to find out more about Wyckoff formation, check out this link. Stay tuned for more updates.
