Look for a retest of last week's break of trend, around 1850 or so for a short. DXY will keep rallying for years in my opinion, but yeah there will be breathers and gold will catch a bid for a few days/weeks.
To me Gold is ready for a lot more downside especially with so many bulls still in this market. Someone will probably let me know about physical gold or silver and how the demand is through the roof - yeah, you're getting that info from Gold Dealers. Um, ok? Anyway, I don't care.
The chart is bearish.
To me Gold is ready for a lot more downside especially with so many bulls still in this market. Someone will probably let me know about physical gold or silver and how the demand is through the roof - yeah, you're getting that info from Gold Dealers. Um, ok? Anyway, I don't care.
The chart is bearish.
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