
GOLD BREAKS TO A NEW HIGH AND CAN GO MUCH HIGHER, STOCKS AND GOLD RUNNING ON 50 BPS CUT
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Running On 50 bps Rumor Please click here for a chart of gold ETF (GLD). Note the following: The chart shows when gold broke out back in March. The chart shows a new breakout in gold. Gold is hitting an all time high. The chart shows that the breakout is on higher volume. This shows conviction. RSI on the chart shows that gold is approaching the overbought level but is not yet there. The chart shows the support zone. How gold reacts if