649bruno
Short

DXY: Dollar Reverses At Fib.618 Retracement: Downward Bias

TVC:DXY   US Dollar Currency Index
41 0 6
17 days ago on a four hour chart I highlighted a bearish Gartley pattern in-DXY.
The DXY-has been weak ever since.
DXY-has retraced to Fibonacci .618 and has reversed to the downside.
Other indicators are weak, including the top three charts above ( RSI , Vortex , phase energy).
This could explain the continued strength in-gold.
This could also explain the continued falling 10 Year T-Note yield.

The three items, weak-dollar, falling T-Note yield, and strong-gold are inter-related.

Good luck to you. Don.
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