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Dollar Screaming Oversold Dip/Bullish Shakeout - Look Out Gold!

Long
US DOLLAR CURRENCY INDEX (INDEX:DXY)  
TheTechnicalTraders  
INDEX:DXY   US DOLLAR CURRENCY INDEX
Trend Analysis Chart Patterns Elliott Wave DXY dxyindex dxylong dxyshort dollar UUP UDN GLD JNUG
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trendanalysis chartpattern elliottwaves dxy dxyindex dxylong dxyshort dollar uup udn gld jnug
The chart is self-explanatory but in short, if the dollar's pullback here is what it looks like then expect a strong dollar rally and for resources to correct. There is more about what should happen with gold in a recent blog post.

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Gold should fall to this support level before bouncing
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