Silver and copper moving into new, higher prices zones warns that something is changing rapidly.
Author: Tom Luongo
No one is looking at the other side of the equation: China. Why wouldn’t China keep pressuring its position in Hong Kong and force the moment to its crisis point?
If gold has decoupled from the dollar, then that quarterly close is telling us the secular bull market has returned for real even though gold is still trading more than $100 below its all-time high.
What I’m seeing right now is the potential for a short-term gold sell-off that puts a lot of bears on the wrong side of the trade, thinking the dollar is toast.
Low-volatility, inside bars on the weekly chart of gold usually imply something big is brewing. The price to watch is the close from the week of May 10, $1,743.00.
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