From high of 4/22 to pre-market low on 5/15 (GLD touched 288 that day), it seem to have completed the a-b-c in a very similar way as SPX from 2/19 to 4/7. We can view this as the first big A wave down
I think if stock market does decide to pullback from here, GLD may perform a B wave rally (similar to what stock has done from 4/7 to now).
And then after stock finish the corrective pullback, we could see GLD to do a final big drop to 260-270
下降通道。另外金子像是恢复上升通道了，moody消息应该利好金子？谢谢
资金刚进来几天就逃doesn't make sense...
SPY, VOO, QQQ的资金进入都很稳。现在分散了，有些资金去了VGT， SPMO, QQQM等...
From high of 4/22 to pre-market low on 5/15 (GLD touched 288 that day), it seem to have completed the a-b-c in a very similar way as SPX from 2/19 to 4/7. We can view this as the first big A wave down
I think if stock market does decide to pullback from here, GLD may perform a B wave rally (similar to what stock has done from 4/7 to now).
And then after stock finish the corrective pullback, we could see GLD to do a final big drop to 260-270
Hahaha, purely speculation.
我个人一向是篇悲观，说空美元的Positions是Core Positions， 其他的都是短期的。
then 265-275 is almost a sure bet