Don’t get trapped
We’re cautiously watching for a pullback
Our main scenario is bearish, but there’s an alternate too
Right now the bearish case looks best
February 2017 bulletin from Trading On The Mark
It was late August when we suggested that See It Market readers should watch for a pullback in gold prices. In subsequent months, shares in the SPDR Gold Trust (NYSEARCA:GLD) retraced more than 75% of the gains they had made since 2015.