Gold is About to Collapse but Also Mark Bottom

I see the price of gold dropping sharply this week, but then marking a bottom within a matter of days. The dollar strength which has impacted gold’s decline most over the last several years should be refueled this week by two important central bank events. But within days of these events, I expect gold to mark an important bottom and to drive higher on a new concern I expect will be raised about the dollar’s safe haven status. See more about this gold report here.