This setup resembles the rally off the April low.
If the SP 500 falters at overhead resistance gold will likely remain within its trading range.
"I was being called to surrender the very citadel of my self. I was completely in the dark. I did not really know what repentance was or what I was required to repent of. It was indeed the turning point of my life. God had brought me to my knees and made me acknowledge my own nothingness, and out of that knowledge I had been reborn. I was no longer the centre of my life, and therefore I could see God in everything." Bede Griffiths
This setup resembles the rally off the April low.
If the SP 500 falters at overhead resistance gold will likely remain within its trading range.