Delinking of gold and silver from the US dollar is a bullish sign. It's a buy on a significant crash for me in gold and silver for end of Oct. to mid-Nov.
Gold has been holding up extremely well through this entire corrective process. It has been mostly a sideways churn. Gold is setting up for a breakout above this 2090 area.
I'm not convinced we're through with the rate hikes. In the gold market, the pattern is a higher high and a lower low. That's not a set-up you want to do much with.
