Finally...THE BOUNCE

Here it is as promised the BOUNCE. The bounce should run into EOM (End Of Month) before we should look for a re-test of the LOWS. Also look for some action in the Precious Metals into EOM. Ideally we would see some bottoming or re-testing of the LOWS before the next take-off.

Gold in Euros is expected to PEAK around the EOM which makes the interpretation difficult, because it could mean GOLD weakness or Euro strength (Dollar weakness) or pair combinations like Gold weakness with relative less dollar strength.......

And then there is OIL with a desire to bottom around the EOM.

Lot's of crosscurrents !! Let's see what Mr. Market giveth.

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Reader's Notice:

there will be no posts next weekend due to other engagements.