Maybe the upcoming Presidential Election will bolster the outlook for Gold or perhaps an International event. But when the US Dollar is growing stronger and healthier Gold gets a full blown flu and geopolitical events are only a spoon full of medicine for the precious metal.
My 2cents on the forthcoming election is the stock market has to show positive signs of marginal increase to boost confidence and that means USD will climb from here slowly to the 100 mark or higher. Then again, nobody can predict the market with precise accuracy so take it with a pinch of salt. Best of luck , buddy!
I'm sure I'm not the only one who noticed that last week while Gold futures were climbing higher, junior minors were tanking? Huh?