Gold, Oil & Indices (Equity & Bond Indices)

Stationdealer I closed my short at 1240 and now I'm long again at 1237. Will add more if it goes lower.

Catnip, how and why you say stock market will crash next month? Please give some point.

In a deflation scenario gold cannot go up. I am always stunned that chart analysts stare at price and neglect volume. The raise to 1650 had little volume but the selloff to 1233 had high volume. A clear sign of cash strapped funds if gold is considered as liquid cash.
It is very necessary in this respect to examine repurchase rate in China. The repo rate stands high and hence PBOC does monetary tightening along with some small currency tightening. This doesn't bode well for commodities and for gold as well. I went long gold at 1233 after selling short bought at 1265 with nice profit. I expect gold to oscillate between 1250 and 1200 . When eventually next month stock markets crash gold will trade around 1100-1150.
The world is cash strapped that is the only fact that matters.

Gold isn't that high actually. Including inflation the alltime high would be above $2000. I think that's the way we're heading. Central banks actual BUY gold and don't sell anymore.

1400 s/l 1450 t/p