Gold Spot / U.S. Dollar

XAUUSD, NEUTRAL

Updated

Description on Chart.

Comment

As good as it gets

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The gold is going to 1070 no question asked.

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Wave B is forming, very weak, let us see how long it will last before wave C will start

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Today I added more to my DUST long. The decline in GOLD will not stop any soon. perfect synchronization since early September between XAUUSD, DUST and DXY.

Comment

I think wave B is not over yet, even it is very weak but I guess it will take another 1-2 weeks of consolidation, before a real wave C will start.

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