US market is bouncing back from yesterday’s meltdown. Look at the pre-market price action. Do you think there’s enough blood on the streets? How long do you think gold will stay under $1600?

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Premarket price action.

• SPY = S&P 500 ETF
• VIX = Fear Index
• /GC = Gold Futures
• /SI = Silver Futures
• GDX = Senior Miners ETF
• GDXJ = Junior Miners ETF