Both gold and the dollar can still be on track

It's interesting that we are looking for both the dollar AND gold to edge up to somewhat higher levels. Obviously the big question will be what happens after that - we are looking for gold to weaken off, so will that mean that the dollar has more upside potential? One would think so - which may bode poorly for the yen, but then again the yen could also surprise by strengthing along with the dollar. Quite a confluence of factors in the markets. Check the post on the yen (posted slightly after the time of this post) for details on how that is looking.