Gold hit a record high today of over $1230. Not surprising given the aspect between both significators Sun and Venus. It looks very much like gold will go towards the 1270-1300 area by mid-May and that mega alignment. After that, gold is likely to lose some of its shine.
As expected, markets fell Tuesday even with the intraday gain towards the 50 day moving average. The SPX held up above 1150 though suggesting some underlying strength. Tomorrow is another question mark, however, as Mercury returns to direct motion once again.
