Precious Uptrend

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My canines allowed me to sleep in (which I’d prefer they do on a weekend than a weekday, since now I’m frantically behind). I’ll just toss one chart out there for now – – gold – – which (hopefully!) will respect its trendline that it established late last year. This week is pretty important for precious metals. Even if it breaks this line, I think it’ll be OK longer term, but it should would make things cleaner if we just kept the series of higher highs and higher lows cooking along.

0510-GLD