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Re: zambono post# 38534

Monday, 01/15/2018 2:24:03 PM

Monday, January 15, 2018 2:24:03 PM

Post# of 46663
Gold lost in EUR and CHF and gained only in USD last week. DXY broke below 91 and it's possible we're going to see a flush in $ but I don't think it'll be that simple.
At this pace, gold's going to hit $1375 (2016 high) in two days. It's also a "little bit" above 50 & 200 SMA.
But... maybe S&P 500 will get a due 10% correction, in effect pushing gold higher.
I'll reevaluate tomorrow. Still waiting for funds to reach my new broker.

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