Concerning Gold's Explosive Move
The setup is clear: Gold is locked, loaded, and ready to explode higher.
I posted the following moments ago at Rick’s Gold & Bitcoin Radar, but it deserves to be shared with ‘free’ subscribers:
“As the chart makes crystal-clear, June Gold is headed most immediately to 3472.7, the ‘midpoint Hidden Pivot’ of the pattern shown. It can be shorted there, but only with a delicate stop-loss, since the futures will be on their way to 3736.00 in a trice if they blow past the midpoint resistance without hesitation. You could always try shorting up there, but wouldn’t it be far better to shove your fucking doubts aside for once and catch an almost certain 300-point rally?”
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Rick Ackerman