There will be two events next week capable of acting as the event trigger to reverse the current trends. One is the FOMC meeting (least likely in my opinion as there will be no surprises) and the other will be the French elections (most likely in my opinion).
I’m going to go over the ramifications for gold and stocks in the weekend report. One or the other should produce the DCL in gold, and possibly a top and maybe deeper correction in the stock market.
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