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I don’t think there is anyone here …posters or Readers who were NOT prepared for this Bounce.
Obvious !
Now we see how much bounce there is in the Dollar
I am sure Surf City will have an opinion and he will likely see this as a YCL….which isnusually of course a significant bottom.
Lets take the medicine and see if Gold can get well again.
My work says clearly that its just a deadcat.
Might run several weeks, but new lows are still ahead.
Thanks Pedro…that’s the concensus.
Agree, congrats to all who played it well.
I agree Pedro. See my post above. Working on the assumption that the 15 year dollar cycle has peaked, and based on the last 2 declines out of that peak, the smaller cycles are almost lost in the overall rapid 3 year decline. On the last 2 occasions we saw some more pronounced rallies once 3 years had passed.