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Synopsis

Back in 1986, Rodney Dangerfield pulled off the impossible dive, the “Triple Lindy” to save his school. Today, it looks like Gold is in the midst of just such a historic dive! 22 year CBOE veteran Marty Dim joins Merlin to talk about the actions of gold and the equity markets as a whole. The duo look at supply & demand concepts and the integration of chart patterns as well as technical indicators for enhanced probability. Tickers: GLD, GDX, SPY Disclosure: Merlin is short SPY, long GDX