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Gold To Test 1200 Level Next Downside Target

Published 10/10/2016, 01:54 AM
Updated 07/09/2023, 06:31 AM

Had a lot of distractions recording this video, but some interesting analysis in between regarding some thoughts on the Gold Market. We discuss the Dollar, Bonds, Oil and the Carry Trade as well in this video. But the Gold Market has been under attack with the quarter change and repositioning ahead of the 25 basis point rate hike probably occurring at the December quarterly meeting unless the shit hits the fan after the election in November.

DXZ16 US Dollar Index 15 Minute Chart

CLX16 Crude Oil 15 Minute Chart

ZNZ16 10-Year T-Note 15 Minute Chart

Gold 15 Minute Chart

Gold 15 Minute Chart

Gold Daily Continuation OHLC Chart

Gold Daily Continuation OHLC Chart

Gold Daily Continuation OHLC Chart

Gold Weekly Continuation OHLC Chart

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