This set’s up time and time again when you’ve got the timing right. Gold is going to complete its correction here very shortly, and there are several “juicy trades” on deck. Every “wanna be stock guy” on the planet has this chart / set up on his screen.
Something interesting though…
The U.S Dollar “has bounced” against a large number of currencies but “vewy very quietwy” as The Euro has bounced EVEN more! This is not something you see very often and ( in my view ) is suggestive of some very VERY SERIOUS currency repositioning.
This is setting up for “crash like / waterfall action” in USD – and I would expect U.S Equities to follow.
I “could enter as early as Friday as this is a slam dunk. Risk gonna come off HARD next week.
Here is what you do:
Wait until you see gold bottom / dollar top. You need to “get ready and wait” as this one’s gonna help you pay for that big vacation you’ve been planning.
The FOMC meeting is early next week so I would not be surprised if we just bounce around ’til then. Get ready and wait…I’ll post specifics over coming days but this is the plan. This is gonna be a doozy!