Dollar Gold Mirror
Pretty cool how Gold BT the channel breakout in the March decline but during this Gold run the Dollar has remained resilient. Need to monitor this situation into the election especially. If it remains strong or declines into the 91 region that raises the possibility of Gold putting in a 3rd point as from a pattern standpoint it is wide open in this position. Think of any consolidation pattern on a grander scale and you can see it as a possibility. That could also explain why the dollar isn’t falling. Whether that unfolds who knows just thinking aloud and putting it out there. Should also add that the annotations on the dollar chart are several years old so the current red line hasn’t quite worked out. lol
Freaking cool charts!
Wow. Thanks. Just seeing this.