Hello.If we try to analyze the current situation by looking at 8 major pairs:
1 - U.S Dollar Currency Index
2 - S&P Goldman Sachs Commodity Index
3 - Gold Spot
4 - Gold / Silver Ratio (XAUXAG)
5 - S&P 500 Index
6 - Euro
7 - Australian Dollar
8 - U.S Dollar / Japanese Yen
Assumptions
A
If 1 moves down towards the trend line:
* The probability that 2 moves up towards the trend line increases.
* Although nothing definitive can be said for 3 (due to the inflationary trend)
If political and pandemic risks are low:
Horizontal-downward movements can be observed in 3.
* If the above moves occur at 3, the number 4 moves downwards towards its trend line.
* While the movement at 4 is taking place, the number 5 can become a twin peak.
* Horizontal upward movements may continue at 6 and 7. ( But the upward move at 6 may be more forceful.)
* Downward movements can be observed at 8.
B
If 1 continues its upward movement above trendline :
* There may be drastic drops in 2.
* Although nothing definitive can be said for 3 (due to the inflationary trend)
If political and pandemic risks are low:
Horizontal-downward movements can be observed in 3. (This time With DXY, gold is suppressed and downward movements are more likely to occur.)
* If the risk of political and pandemic continues, 4 remains above the trend line. (Vice versa for low politic and pandemic risk)
* While the movement at 4 is taking place, the number 5 can can be drawn towards its own trend line.
* There are sharp drops at 6 and 7. (Especially 7) (Firstly trendline pullbacks)
* Sharp upward movements can be observed at 8.
These are only typical assumptions.
Regards.
1 - U.S Dollar Currency Index
2 - S&P Goldman Sachs Commodity Index
3 - Gold Spot
4 - Gold / Silver Ratio (XAUXAG)
5 - S&P 500 Index
6 - Euro
7 - Australian Dollar
8 - U.S Dollar / Japanese Yen
Assumptions
A
If 1 moves down towards the trend line:
* The probability that 2 moves up towards the trend line increases.
* Although nothing definitive can be said for 3 (due to the inflationary trend)
If political and pandemic risks are low:
Horizontal-downward movements can be observed in 3.
* If the above moves occur at 3, the number 4 moves downwards towards its trend line.
* While the movement at 4 is taking place, the number 5 can become a twin peak.
* Horizontal upward movements may continue at 6 and 7. ( But the upward move at 6 may be more forceful.)
* Downward movements can be observed at 8.
B
If 1 continues its upward movement above trendline :
* There may be drastic drops in 2.
* Although nothing definitive can be said for 3 (due to the inflationary trend)
If political and pandemic risks are low:
Horizontal-downward movements can be observed in 3. (This time With DXY, gold is suppressed and downward movements are more likely to occur.)
* If the risk of political and pandemic continues, 4 remains above the trend line. (Vice versa for low politic and pandemic risk)
* While the movement at 4 is taking place, the number 5 can can be drawn towards its own trend line.
* There are sharp drops at 6 and 7. (Especially 7) (Firstly trendline pullbacks)
* Sharp upward movements can be observed at 8.
These are only typical assumptions.
Regards.
