Here we have two charts one being GLD the gold ETF and the other being the SPY the S&P 500 ETF.
GLD: Here we see that price formed a triple top. It is highly likely that the top will be taken out after the third attempt. Pre-market GLD has already taken off. Lets see how it goes.
SPY: Price formed a double bottom and a 2-1-3 pattern. this pattern confirms that the current trend is bullish and will remain bullish unless prices fall back into the consolidation range.
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