This isn't the only sign of trouble. On Tuesday, I issued a trading warning on gold and it crashed just minutes later.
I still analyze gold's sentiment as TOO-BULLISH:
Courtesy: Zerohedge.com
The S&P 500 companies are currently reporting earnings and seven out of ten are BEATING expectations. It seems like the economy is better than most believe it is, which is the reason that companies that focus on consumers are BREAKING RECORDS.
We've capitalized on this and will continue to cover this topic.
In his SOTU address, Trump also highlighted
That's a huge opportunity – millennials are the most health-driven generation in America's history!
- Source, Kitco News