Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
http://www.macrotrends.net/1329/us-dollar-index-historical-chart
about time to get long DUST again…maybe another day or two.
In order to confirm a daily cycle low gold has to rally far enough to break the cycle trend line. That comes in at about $1290. So I wouldn’t try to pick a top before then. And if gold rallies that far it would complete a weekly swing, which would be a first confirmation of an intermediate degree bottom.
There is only one way that gold can continue lower: another extreme manipulation event.
I’m of the opinion the manipulation has probably run it’s course so i’m not really expecting that as this point.
http://www.investopedia.com/terms/r/realinterestrate.asp
Gary I don’t know why you keep talking about a manipulation ‘event’. The manipulation is the nature of the gold market itself!