Of course there are no guarantees in anything. But often when stuff starts trading wider and looser, it signals a decent correction is close at hand.I'm still thinking a $100 drop will come in the next week or 2. Hopefully next week as I have Nov puts. Good luck traders.
It seems that many do not understand what QE is. Nor many understand the massive demand of physical gold from countries like China, India, Russia, SA, etc. Nor do they understand the Central Banks that had been selling, have stopped selling.
You may see gold price rise $100 in one day since FED starts to print money tomorrow and the entire coming month.