I warned in the Post Market Synopsis on 2/5 that this may be entering a lower timeframe bullish correction/trend against the move down from 15985 before (if) resuming lower trade. We have seen over $19 of this. There are areas of possible exhaustion that come in at 15804-26 and 15884-904. We have held the lower of these four times now, but the maintained gap higher yesterday is an additional sign of strength. Trade below 15634-23 should open the downside to lower trade. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold and Energy complex. If you are interested, please feel free to reach out.
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