When you look at yesterday's recapturing of the 1250 Zone against the backdrop of our FibTime Cluster analysis (I took the one we posted last week) you will find that the spike takes place where we expected a turning point. If Gold confirms on Monday/Tuesday this shortterm high (by not exploding upwards) then we could see a nice correction into Jul 6.This scenario jives well with our TLT analysis earlier given the correlation btw. Gold and Treasuries.
Alternative Scenario: Gold MOMO gets energized by the current energy field and runs up into the Jul 6 time window.
Monday/Tuesday will tell....
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