Markets are Time or Target.
The best of both worlds is when timing and price align.
I’ve had my price targets in Gold forever.
Timing is closer to month end with a
Full Moon Wednesday.
Gold is into a $900 I year rally.
All FX gold spreads are at new ATHighs and very overbought on all time frames.
Of course Gold you go exponential from here but prudence dictates caution.
1980 type enthusiasm is creeping into the
zeitgeist.
Indices are range bound with Spoo putting in a reversal last night just after the opening.
Spoos will now take sustained price actin over 6090 with a 6100 print to confirm last nights low.
Bonds are going form one matrix level to the next. A 114.00 print is needed to retake this last move and put the Long Bond @ neutral.