Fundamentals haven't changed, page-501

Using the RSI and S/R combo is probably useful to time reversal points but from a stock investment view, I see 1300 is suddenly a very strong resistance going back to 2014. This level is flipping between S then R which is trapping price from rallying.

https://fred.stlouisfed.org/series/DFII5

Net inflation seems to be expanding since the trough on 8Sept which incidentally was the peak of current gold price swing. If Trump's fiscal stimulus gets through Congress it is not looking good for gold which perceived to be inflationary. We await the next Fed's chair appointment to define economic policy.

Got my sentiment incorrect from previous post.