@mirren
O/S for holiday with my better half. No charts.
The grand 7-year USD cycle which rolled over last year around 103 is now beginning to slowly resume its move to low 90s for starters.
1250 was the bullion banks' concrete ceiling where paper-covers-rock tactics bought them the time to accumulate. So I expect metal will have a big 2019.
Our Oz Miners will go bananas once the XAUAUD all-time high is taken out. That was 2011 I recall when our dollar bought 110 US cents. Now it buys only 71 cents which obviously levers powerfully for Oz gold diggers. All week the price has about AUD 1730 per ounce and it jumped to 1770 this morning.
Can your chart package conjure up a 10-year monthly XAUAUD chart with trend line.
Maybe better to continue bullion talk over on the STT board. This place is rightfully for drillers.
Chart, page-270
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