Bears still in controle and expect DXY to push up to 98 aswell. Bearish AB=CD in play with targets 2, 2.24, 2.618 or 3.14. I'm expecting it to hit 3.14 around 1.2809.
From there expecting a pullback. So far following trend and selling the pullbacks up to 1.281.
Gold can push up to 1920 area or drop to 1720-1713. Above image reflects my view, if rejected hard from 1807-1818 it might go for a higher low around 1720-1711. From there it will most likely test 1807 again. Above 1850, I see a possible higher high 1916, 1920, 1931 and 1960 area. Overal it still looks choppy and expecting 1807 area will reject and create a higher...
USOIL WTI reached local high and is pulling back towards 61 - 58.4 level. Due to its oversold state i do expect it might retrace a bit to continue down towards mentioned levels. Expecting to sell again around 74.45.