Between the unprecedented events surrounding the current US presidency and the continued uncertainty around the UK's Brexit plans, the global economic climate is increasing the possibility for more volitile year for 2018. Having said that US Equities are at an all time high and in light of the current market uncertainties, there seem to be more potential for consilidation than market gains in US. With respect to economy , with the way things are currently going – economy full capacity, inflation low – it’s unlikely that the Federal Reserve is going to be able to raise rates up to the 2.5% by the end of the rate hike cycle, simply because the fact that TOP US FEDERAL RESERVE OFFICIALS believe 4.3 unemployment level is not sustainable in the long run for US economy and eventually employement market will slow down. MY PERSONAL VIEW ABOUT THE US ECONOMY: US EMPLOOYMENT MARKET will probably see some slow down in the upcoming quaters. ( See the long term US Employment graph below ) And the FED will not be able rise rates AS MUCH AS MARKET INITIALLY ANTICIPATED U.S. unemployment rate, which stands at a 16-year low of 4.3 percent, is "below the level that most of THE TOP US FEDERAL RESERVE OFFICIALS believe is sustainable in the long run." The Fed has hiked its Fed funds rate by a quarter point on three occasions since December, most recently this month, to a range of 1 to 1.25 percent. There’s really nothing that’s motivating intermediate yields to rise, which will hold rates lower than anticipated. MY CONCULLISION: This all means the dollar has no upside the near future ( at least to end of 2017 ) and ALTERNATIVE ASSETS SUCH AS GOLD WILL BE IN FAVOR, boosting gold as “alternative currencies” to the dollar. Similar to fundamental picture , technical picture for gold also has been improving and Gold is becoming one of the best performing major global commodity in 2017. We can see a major positive divergence between GOLD and US Commodity Index $USCI below. HERE IS ONE OF MY INVESTMENT IDEA FOR NEXT MONTH: Noone on earth can be sure what will happen to GOLD in the upcoming months and 2018 but from my perspective and analysis, gold is getting ready to make an important move. My opinion this move will be to the upsite, at least for an intermadiate time frame ( 3-6 months ) Therefore; GOLD is at a very critical support and accumulation zone for me and it is a BUY for me. My opinion is that JULY - AUG - SEP of 2017 will be very volitile for GOLD but at the same time very positive. DISCLAMER: This is not a recommendation of any investment. It is just my personal observation about a market analysis to share my view with my trader colleagues. THEREFORE; Readers are ALWAYS advised that the material contained herein should be used solely for their informational purposes. And they should do detailed analysis about the underlying subject.