Posts  / GLL  / #POST-218047
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Is it time to short gold, buy GLL(ProShares UltraShort Gold)?

First off idk if this is right because I haven't done a highly technical analysis of gold, but it appears that there is a discrepancy between dollar cost and gold. Typically one or the other is used as a reserve currency, and right now gold seems to be the reserve currency, but with a strengthening dollar, why is gold still going up. Furthermore gold has went up a whopping 88.67% over 1 year, and dollar is down 13% in comparison to the euro over 1 year. I get that trump wants a relatively weak dollar to promote manufacturing, and this what's making indecisive. From a technical approach what is the best move?