It does not appear that…
the GOLD & SILVER wants to make new lows while the USD is on a double high (and at 9/13 as SEL SEQUENTIAL)
With Jackson Hole approaching, any small signal must be studied well to understand the next movements and being the Gold & Silver sector stretched like a rubber band, anything can happen: either the elastic breaks (collapse of Gold & Silver) or (more likely ) a violent reaction in the opposite direction to the current one
It is also interesting to see that Chinese stocks (also sensitive to the USD in the opposite direction) are all positive
That the situation is preparing a reversal that few believe?
I’M BUYING A POSITION IN FUTU
AND REMEMBER THIS CHART…..