Focus Sharpens on 1218.60 ‘Worst Case’ for June Gold

Bulls have shredded a key target in the E-Mini S&Ps so easily as to suggest their rampage is only just beginning. Will they finish the week on a short-squeeze rampage? See today’s tout for my specific thoughts on this.  You should also check out today’s tout for June Gold, with a new chart that reflects this week’s slide.  For reasons that it makes clear, a 1218.60 target will be in play following a two-day settlement beneath 1352.90