It all makes sense and summarizes what has been happening, but my worry as a contrarian is that the dollar is becoming very overbought, so if the $USD drops a couple % back down into its lower channel, then it is a nice set up for gold to move up a lot yet, and that the gold rally possibly that started today as an inflection point (from the 50 day avg approx) will have a huge rally, hence break out yet higher
Yeah I agree with that gold is going to test low 1280's and everyone is forgetting about the fed, imo they ate going to raise the interest rate soon before inflation gets out of control
News 
Market Data 
Discover 
AI
