faronf

DXY -Cycle into Oblivion?

TVC:DXY   U.S. Dollar Index
Can anyone with cycle knowledge please comment on this. I see this coinciding with gold bull behavior coming off an ICL or YCL end of November or Dec 1st (maybe one week into December at the latest). I believe DXY is about to mark a new DCL, gold miners seem to be looking ahead...as a falling dollar should see miners jumping right now, but they can't seem to break the clutches of a ravenous bear. It's likely because gold is late into it's cycle at this point and needs to break down for a new ICL or YCL...the dollar is still in a weekly downtrend and needs to resume this IMO, so what better place to get going that way than the next Daily Cycle? I assume the next DC will be Left translated, perhaps peaking around Day 10 or sooner.

PLEASE provide your own unique analysis in the comments. I'd like to see what other see. Thanks. Faron.
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