Green wave C is still missing. This move will be 100% correlated with the final upswing in DXY: the dollar will finally embrace its strength and all pairs will succumb to it. This time the Pound will try to approach 1.05.
Note that Gold and Silver and already locked in a firm downtrend, the initial 1-2-1-2 is nearly complete. Expect the rest of price action in metals and currencies to happen in Dec-Jan.
Note that Gold and Silver and already locked in a firm downtrend, the initial 1-2-1-2 is nearly complete. Expect the rest of price action in metals and currencies to happen in Dec-Jan.