SPDR S&P 500 (SPY)

[nowwhat2]

I think I was simply highlighting the important Gold 1300 Level...
Plus was sharing some examples of "Technical Analysis".

Also sharing some thoughts re: what some software programs might be thinking....

Gold 1300 :




Hey, how come your chart has it at 1316 ?




Made me check also Kitco eh : http://www.kitco.com/news/2017-09-20/Gold-Prices-Back-Off-On-Hawkish-FOMC-Statement-Yellen-On-Deck.html

Wherein I saw this - "Gold bulls' next upside near-term price breakout objective is to produce a close above solid technical resistance at $1,340.00. Bears' next near-term downside price breakout objective is pushing prices below solid technical support at $1,300".



I dunno...

Perhaps more so now than in the past ?.....Gold is being considered a viable alternative ?.....



But gold bulls should monitor the DXY



'Cause they could get squeezed much like S&P Bears.....



If they're not clutching The Treasure Maps !....(Tokyo/Hong Kong/Gold/the Dollar/Proctor and Gamble, etc.)