In this chart I conducted a very detailed time at mode analysis of the monthly chart in gold, adjusted by the world's investor's perception of the dollar to give us a clearer indication of its value.
Right now, the chart suggests gold might have bottomed in the intermediate to long term.
This is by no means a small claim, I know, but the technicals on chart are a powerful indication of a big paradigm shift here.
I'll look for bearish dollar setups from now on, I suggest you do it too.
Make sure to follow me at collective2, if you're interested of leveraging my technical insights.
Details are in my profile, as well as links to my track record as an analyst, forecaster and trader.
Cheers,
Ivan Labrie
Time at Mode FX