Fed's Barkin: The case for raising rates this week pretty clear

I hear you on that LONG opportunity but let's not ignore the fact that gold has been rolling strong. Secondly, it seems to be developing a potential double-top pattern on larger time frame(s). Furthermore, with the FED blatantly taking contradicting action, by printing, heating the economy and simultaneously pushing interest rates, in effort to cool the economy. It might be fair to presume that investors may be growing weary of how much certainty our economies really vest, and how much willingness consumers can really press despite volatile period(s). We see this problem occurring with other economies other than the US, we even see the uncertainty with safe havens such as gold. There is more than enough uncertainty on the table for gold to be holding it's earnings but investors get shy at every shot we get at closing gold above 2000. I want to take the time to be a wild cat and say gold is set for 1530. At the very least gold is set to retrace closer to 1886 and 1840. Ultimately, I think we might be entering a longer-term sideways (ranging). Central banks need time and data to get a better understanding on how to address our financial instabilities. Until then," everything must go, maybe even you." -Money Mike circa 2002

Nice trade

Xauusd might continue to log in to the moon.

25 bps already priced in. it does not save the USD

Right. Gold quick long