Korelin Economics Report

Future moves for the Dow and Gold

Today and tomorrow are important days for the US markets and in turn will impact the metals. If the momentum (MACD) continued to roll over on the daily chart we should see some more selling over the next couple weeks. This would rotate some money into the metals which have been sold off so much that they are due for a bump. A word of caution, don’t chase this move up as it very well may be short-term.

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