Gold-Dollar Move Setting Up
The gold / dollar move is setting up aggressively. This will be the area to watch over the next twelve months. The dollar is making a base and gold and commodities are making a top. At the same time stocks are ready for a little roll down, but will catch at S&P 815.
The EMA ETF Fund Nav was 1153 at yesterday’s close.
12:30 AM CDT (traveling this week)