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Back in 1986, Rodney Dangerfield pulled off the impossible dive, the “Triple Lindy” to save his school. Today, it looks like Gold is in the midst of just such a historic dive! 22 year CBOE veteran Marty Dim joins Merlin to talk about the actions of gold and the equity markets as a whole. The duo look at supply & demand concepts and the integration of chart patterns as well as technical indicators for enhanced probability.
Tickers: GLD, GDX, SPY
Disclosure: Merlin is short SPY, long GDX
By Online Trading AcademyBack in 1986, Rodney Dangerfield pulled off the impossible dive, the “Triple Lindy” to save his school. Today, it looks like Gold is in the midst of just such a historic dive! 22 year CBOE veteran Marty Dim joins Merlin to talk about the actions of gold and the equity markets as a whole. The duo look at supply & demand concepts and the integration of chart patterns as well as technical indicators for enhanced probability.
Tickers: GLD, GDX, SPY
Disclosure: Merlin is short SPY, long GDX