Gold’s Path To $10K May Start With Blow-Off Top; Market Bets On Trump-China Deal - Apple (NASDAQ:AAPL)

Gold's Path To $10KPlease click here for an enlarged chart of SPDR Gold Trust (NYSE:GLD).Note the following:The chart shows the rapid rise in gold as gold now becomes a meme trade.The pattern shown on the chart is one of the many factors that, according to our algorithms show a high probability of a blow-off top in the short term.  The plan is to add to the gold position if and when there is a substantial pullback.We have been bullish on gold for the long term from close to the bottom of this cycle near $10 ...