The bottom line iine is this folks. The USD is topping and US bonds are bottoming.
The DSI for gold and silver declined again on Friday and the DSI for the USD is topping. Optix for gold and also the Bullish Percentage Index for US gold stocks are at extreme bearishness.
Whenever both the gold DSI and Optix get this low together we are at MAJOR lows for the metals. Not nearly everytime, EVERYTIME!
The US Fed will now be on pause because the bond market has done their job for them and the US is heading into a recession. There's no and, ifs or buts about it. The US consumer is at the end of the road, and we aren't very far behind.
Gold may have bottomed as of Friday night our time. The commercials 'ran the stops' last week for one final knock down before they take gold to new ATH's in the weeks ahead.
Consevative price target 75 cents to $1.04 approx, page-42
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