i agree us dollar index now at 71.81 and gold hasnt even made it back to $930USD. oil is still up at $117
something is not adding up as far as gold is considered.
it just looks like it wants to head back to 888 or something lower.
last week gold and the us dollar traded something like this
USD gold
71.3 950
71.8 930
72.0 920
72.3 910
this week
72.0 919
71.9 922
71.8 916
it seems underprices by $15 right now
can someone please explain?
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