If you have a thesis, you need to be able to move quickly from bearish to bullish (or vice-versa). If DXY closes above 98.50 today I will be turning much more bullish on the US Dollar as my ‘red line’ will have been crossed. Always keeping an open mind is important. It’s important to note that Gold has been moving up with the Dollar for the last couple of years.

(Charts drawn using Tradingview software)