ScottBogatin

Dollar and Gold

COMEX:GC1!   Gold Futures
10.22.20 I wanted to discuss the relationship between the dollar and goal using the tools that I normally use. I believe that the dollar came to a good support area and can offer a decent risk reward walk trait, however, dollar may have the potential of going substantially higher according to a potential ABCD pattern . This does not look so obvious to me as the pattern on gold that looks like it may go significantly lower. In effect, I'm using one market to help me organize my strategy with another market. In any case the video shows what I'm thinking.
Comment: Daily Gold for possible lower targets.

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