Im putting tjis on a seperate thread so people like boiler cant take things out of context yet again at some future date to twist things around.
Gold bounces here. Gold stock today, whilst down on yesterday have reovered off their lows. Gold has a gap in the short term markets above 1422.
That WILL get filled before resuming its down trend so I am expecting at least 1427 in gold posibly higher. After that the downtrend resumes and we make new lows in gold and possibly gold stocks as many have not filled their lower targets.
USD is going much much higher. How high?......minimum 90 possibly 108 DXY. That equates to a major equities sell off and lower commdities in he weeks months ahead.
Good lick everyone and stay safe. This gold sell off isnt over.
BTW i have a buy stop that is clse to being executed for a short term move.
