Copper, monthly
Gold, monthly'2, fibs
USD, monthly'1
Summary
Suffice to add... the broader down trend from 2011 continues for the metals.
There is ZERO sign of a floor. Copper, Gold, and Silver all look set to fall into 2016.
--
re: USD. A monthly close >DXY 100 looks due... far more viable in Dec/Jan. First upside target will be 105, after that, 110, with a grander target of the 120s. The latter is clearly going to take a considerable time though.
--
Looking ahead
Wed' will see housing starts, the EIA oil report, and the FOMC mins (2pm).
*Fed official Kaplan is due to speak at 12pm... and Mr Market will probably take some notice of that.
-
France
I could quite capably write an 80,000 word dissertation on the recent event in Paris, France. Yet... these pages are not really meant for such topics, and I am long resigned to the fact that most people are simply not remotely interested in the finer details, such as the historical background behind such an event.
As someone who lives in the metropolis of London - unquestionably a primary target, I have little concern about my own safety. I'm infinitely more likely to be struck by a London bus, or die by food poisoning.
Of the great many videos that have appeared across the last few days... the following is worthy of highlighting here...
Goodnight from London