This price action in late August 2019 might have gone under the radar… but in hindsight.. was very telling. Silver expressed in Australian Dollar actually tempted a breakout on weekly chart, above it 6 year consolidation base (same as Gold 1350-1400  milestone breakout).

It’s giving it another go now! I think there is enough juice in the indicators to bring this in “over heated territory” and give us an opportunity to exit after the next leg up.

Other major currencies will follow.