Here is a panel I did to do my pessimistic view (red panel) and Optimisic view (Green Panel) as we go through the FED balance sheet runoff. I have be long gold since, well last century. We just crossed my medium term trendline (black)....We may get ANOTHER flight spike to 1913 the sooner the better. Next week has some terrible numbers coming out for the markets in my opinion....they may rally the futures every day though on the S&P.
Trade active:
Still looking for a spike to 1891 to switch to bull track. volume is poor.
