The bullish Gold mfi-T expiring on 7/11 +/-1td that I posted on 7/5 was spot on this time.
The correction so far looks normal, the rsi holding above 50 is positive and the futures OI
has started to drop as it should in a correction. Platinum and Palladium at or near 2016 highs.
Nice rebound yesterday but due to the Futures and ETFs opex next week I am not expecting any
meaningful follow through for now.
Any expected new high should wait till next month's end probably, and the expected October/November
correction should follow.
