With USD and Gold still being the ultimate save heaven assets, it might be reasonable to take a view on the DXY weighted XAUUSD Price in comparison with the regular XAUUSD. In times of preparing for crisis/hedging for crisis/financial turmoil we see some divergence between these two charts. So, since Oct. 2014 we have this divergence again and the gap is this time quite significant. This gap for sure will be closed again and we should expect a major movement. Since we currently have extremely crowded long USD, short Gold & JPY trades, this setup suggests a contrarian short USD and long JPY & Gold trade.
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papeeeboy
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Good heads on on this! I'm also expecting a huge move. These huge moves require lots of patience, and i that i have! GL