NLEMCHIfx

is down 2.5% today and testing the lower end of the orange wedge pattern. A clear close below would be bearish and would make $4380 very likely in the coming days. That will be the major support and test for the market. If it can hold the orange trend line, it can still push back up so I would be more neutral on the market.
$GLD $GLL $GDX

up 0.3% and will close above the orange wedge pattern. It still hasn't confirmed above so I still remain a little sceptical, but whilst above the wedge, this is bullish. Therefore probabilities favour a move to $5000 but the risk reward isn't high enough for me to take this one right now. BUT, if it goes sideways for a few days forming a nice bull flag, I would then be tempted.
Below, the bottom of the wedge pattern is support and below that $4380.
$GLD $GLL $GDX