Bullish as I am on gold and silver, it’s time to second-guess myself simply because…I’m so bullish. And, so very comfortable am I with the $1381 target in December Gold that it was also time to make contingency plans if it looks like the target might not pan out. Finally, I really do believe that the 78.07 tripwire in the Dollar Index has the potential to telegraph a much bigger move. _______ UPDATE (8:42 a.m. EDT): DXY has trounced the support, as well as an alternative one at 77.11, presumably paving the way for December Gold’s move up to at least 1381.25.
