bmoneytree

GOLD USD JPY WIP TECHNICAL ANALYSIS

COMEX:GC1!   Gold Futures
pure TA so the question is does Gold follow $WIP or $JPY as we can see the $DXY is very strong and I anticipate more strength in near future if you Follow WIP it seems to be the leader in Gold /JPY the recent rise in dollar and major drop in WIP indicates a bad sign for gold I think gold will follow WIP down along with the JPY as the DXY gets stronger I expect the USD to break to new highs with liquidity crisis but eventually when the FED gets control of the dollar thats when I see opportunity in GOLD when it falls back down to what I expect to be around $1100-$1300 in the coming months until the World Dollar Liquidity crisis is under control gold will fall USD will rise

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