If US dollar index have inverse correlation since 2011, then:
1. Following my previous DXY projection, US dollar index will peak around 90.5, meaning that gold will continue to tumble to even 900 by 2016-2017
2. 2 possible downtrend are shown in the chart
3. Now that 1200 level was rejected, does the bear continue or is it just a fake broke down to sweep the stop loss..
1. Following my previous DXY projection, US dollar index will peak around 90.5, meaning that gold will continue to tumble to even 900 by 2016-2017
2. 2 possible downtrend are shown in the chart
3. Now that 1200 level was rejected, does the bear continue or is it just a fake broke down to sweep the stop loss..
