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<\/a><\/p>\nI left the original arc on so that you can compare the two. If valid, the new arc needs 99.3 to be breached. Before everyone starts crying foul and accusing me of constantly moving the goalposts, I agree. However the previous Dollar ‘domed top’ did accommodate the spike highs on the monthly chart…<\/p>\n
Having said all of that, I’m open to the idea of a right translated Dollar cycle, and if this goes up much further, we need to start thinking in those terms. It would surprise me, but gold seems to have been doing ok with a rising Dollar so far. Some initial thoughts…<\/p>\n Once the FOMC decision is fully digested by the markets, I’d expect the next PM upleg to get underway.<\/p>\n","protected":false},"excerpt":{"rendered":" Well, the recent move has burst through the ‘domed top’ on my Dollar Chart. Someone on Twitter asked why don’t I draw it to take the spike highs into account, so I’ve done that here… I left the original arc … Continue reading <\/a><\/p>\n<\/a><\/p>\n