The attached daily chart of the XAU shows a peak I think, the CCI conforms the loss of momentum and a strong downward slope While the DXY is heading upwards and my opinion is it will continue at least until Wednesday FOMC. So I'm thinking we have a perfect storm for an XAU pullback good for 100 pips.
Last week I think I said the same thing so I was about 150 pips early.
Last week I think I said the same thing so I was about 150 pips early.