Looking at the US Dollar it appears to me we are completing a ABC correction from the huge 5 wave up that commenced in July 2016 and topped out in Jan 2017.

However it also looks like we at the bottom of a larger wave (4) in brackets. This implies there is another wave 5 up in the dollar.

My conclusion is I would not be bearish on the dollar here.

Would a stronger Dollar be negitive for Gold? I somehow think not this time. because The US dollar Jan 2017 high coinsided with a significent TOP of the US dollar Vs the YEN The USD/JPY cross is in the midist of a 3 wave DOWN.

Conversely a stronger dollar could lead to a rally in the bond market and put a damper on the stock market. The DOW appears to be putting in a TOP here.