Again, three out of four factors are not favourable:
1. USD rising
3. Equities (or soon to be)
Only Low Interest Rates are favourable.
The weekly chart has a GAP DOWN (ignore the BRB Buy signal for now), and it closed below the weekly 55EMA, which is a significant development.
is crossing down soon in bear territory, and the RPM is pushing down again!
Shifted downside target to 30, mid Feb 2021.