Look at what the Nasdaq bubble did in 1999-2000 with no QE and interest rates around 5%.
It appears the US Dollar has bottomed following an intermediate degree correction.
Trader sentiment, technical conditions and price targets for both gold and miners are discussed.
Trend changes are currently unfolding in the direction of the dollar, gold and miners.
This video provides a comprehensive discussion of why gold is in a new bull market.
Gold likes to print false reversals to sucker in longs too early.
The large volume surge in DUST a few days ago was the warning bell that the miners may have topped.
If gold reaches that magic number it would confirm that the intermediate cycle low has been struck.
This video discusses the completion of gold’s intermediate cycle and looks ahead to future price performance in both gold and miners.
While it’s not always a perfect timing tool, oversold in a bull market is always a buy signal.
As always happens after a strong rally in anything, traders begin to anticipate another leg up.
This appears to be the only time in this bear market that miners are diverging from the price of gold as it moves down into an intermediate cycle low.
We've known all along that gold was going to test the triangle trend line during this daily cycle correction.
Silver price has already breached long term down line.
The bullish percent level is diverging as miners again test the lows.
Over the last couple of days the yen has broken a multi-year down trend line and completed a higher high for the first time in 4 years.
I think it's time for gold to throw the shorts a curveball. By that I mean the bears have gotten way to comfortable, and selling every rally has become "easy money".
I'm going to take a stab at a short term prediction.