USD-bears become quite lately. USD is advancing its strength. A possible BT on the 6-8 year RED rectangle seems to be completed. If so, expect advancing strength in USD with an (intermediate) PO of 127-128. Let us see if USD closes this week above the W-EMA(30) @ 103.45. If so, the USD could rally next week; possibly fast due to the GAP of AIR. First towards 107 followed by 114.

Obviously a stronger USD will give weakening PM, hence inverse, which currently is being shown. Does such assumed ‘USD rally around the corner’ also means a flight into USD due to ‘market breakdowns’? I tend to think yes, as such we also witness in the VIX being in a Bullish Descending Triangle (as posted).

This is a follow up on:

https://goldtadise.com/?p=577781

https://goldtadise.com/?p=571647

https://goldtadise.com/?p=566863

IMO. DYODD.