I am kicking myself for not trading the breakout of gold now
My thinking now is that I'd like to see 1346 established as support and go long from there. It's pretty obvious (now, with benefit of hindsight) that the May selloff on the indices was a relatively shallow retracement of an uptrend, so gold will probably be stuck in the doldrums again for some time.
👍🏾Yes let us see and it will certainly be interesting as from a trading perspective It could start to get rather tricky with all the potential uncertainty floating around. This may benefit the price of Gold and Bonds but if the Fed lowers interest rates then you could be right.
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