Gold, the Gold standard, is a major indicator of both the market and the economy. Gold is directly connected to inflation, which is directly connected to interest rates.

After a large run when inflation exploded, Gold is stalling in a wedge formation. This is not the time to try and predict what the Feds will do or what inflation will do. This is the time to be patient and see how Gold reacts to it and take advantage of it.

Watch the wedge, watch for Gold to decide on a direction, because the next move, the next direction, will last for a long time.