Don't know what happened but my last chart on DXY (linked below) is invalid because of the mis-drawn Fibonacci scale.
This is basically the same idea but with the right scale.
Dollar is still quite weak.
Comment
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Dollar looks very strong, it should reach at least 101.73.
Comments
nsxr777
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What does this mean for GOLD & SILVER as we move forward'?
coolingla
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@nsxr777, here is my interpretation of gold right now:
nsxr777
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@coolingla, so maybe we get back to 1175, then off to the races'?
coolingla
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@nsxr777, I really don't know. And I don't think anybody knows for sure either. I am just saying I am NOT totally sold on the rampant gold bull case yet. You can see that market is hesitant at this point also.