My take on XAUUSD
for the near future. Currently at the 50% fib, maybe reach the 61.8% mark or move close to the trend line
around $1260. Then short from there down to new lows. hopefully DUST and JDST
will sky rocket then when the miners drop. The dollar will need to move to new highs hopefully due to uncertainty about Brexit and the effect on the Euro
and the possible Fed rate hike. If the trend line
is broken the NUGT
will sky rocket.