SHORT,LONG,SHORT Stock market did not bounce yet, maybe soon it really does not matter.
DXY started multi year correction, greatly benefiting PM. Strong dollar lost it's reserve currency status in many countries. Hopefully we will see the last years high in this year and 2011 highs next year. PM will shine going forward and continue to be a strong player beyond 2018. Gold may easily handle up to 1.5% rate increase, total. FED can increase the rate...
Seems gold and gold futures bluish set up at the moment. This is not an advise of any kind.
DXY started multi year correction, greatly benefiting PM. Strong dollar lost it's reserve currency status in many countries. I am an engineer, PhD, who has lots of time in his hand these days , not an annalist or financial adviser.
Bounce from 1200-1900 to green line. Continuous to 1280-1300 and finally this year reaches last years high