Markets act like a pendulum, the further it swings in one direction the harder the reaction in the opposite direction.

Look at what the Nasdaq bubble did in 1999-2000 with no QE and interest rates around 5%.

It appears the US Dollar has bottomed following an intermediate degree correction.

Trader sentiment, technical conditions and price targets for both gold and miners are discussed.

Trend changes are currently unfolding in the direction of the dollar, gold and miners.

This video provides a comprehensive discussion of why gold is in a new bull market.

Gold likes to print false reversals to sucker in longs too early.

The large volume surge in DUST a few days ago was the warning bell that the miners may have topped.

If gold reaches that magic number it would confirm that the intermediate cycle low has been struck.

This video discusses the completion of gold’s intermediate cycle and looks ahead to future price performance in both gold and miners.

While it’s not always a perfect timing tool, oversold in a bull market is always a buy signal.

As always happens after a strong rally in anything, traders begin to anticipate another leg up.