The two scenarios that would have caused a major move were passage of the bill or defeat of the bill. However, pulling the bill could result in a neutral event for the market in my opinion.
First, “Trump” can now move towards tax reform which is the most important thing for the stock market, this is slightly negative for gold.
Second, pulling the bill shows that “Trump” was unable to get a reform from #Obamacare to #Trumpcare. This is slightly negative for the stock market but slightly positive for gold.
