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.
"By your faithfulness you will endure. When you see Jerusalem surrounded by armies, then you will know that the time of its desolation draws near. Then those in Judea must flee to the mountains, and those in the midst of the city must leave, and those in the country should not return. For these are the be days of God’s judgement, so that all that has been written may be fulfilled.'"
Luke 21:19-22
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.