Stocks are taking a breather today from the recent rally off our cycle lows and support level. As explained and shown in this morning’s video we are expecting stocks to stall out over the next 5 days and become choppy.

Any weakness in stocks means money will flow into metals and that is what happened on Thursday afternoon.

I did stumble onto the pre-market chart of GLD today only to notice a pre-market spike just like what we have been seeing in the SPY ETF for the broad market.

Take a look at the chart below of GLD (Gold Price)…

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