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Well Bouraq before I throw in the towel on gold (more specifically gold stocks) I noticed that the dollar index (dxy) made a gigantic leap over its upper Bollinger Band today.Past moves like this--either higher or lower---have been followed by a decent reversal.If this happens,gold miners may have a move or two left to the upside.Fingers crossed.Cheers.
Well Bouraq before I throw in the towel on gold (more specifically gold stocks) I noticed that the dollar index (dxy) made a gigantic leap over its upper Bollinger Band today.Past moves like this--either higher or lower---have been followed by a decent reversal.If this happens,gold miners may have a move or two left to the upside.Fingers crossed.Cheers.
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