XAUUSD/Wave Count/Dollar Crosses
Just going to write this and boom, the EURUSD breaks lower.
I was going to say, be warned, there's likely an extra leg in dollar crosses, partly because Gold ideally needs to break to multi year lows in a wave 5, below 1178.5, following Silver down
Take care in UJ shorts, there's a wave count which MAYBE means one more high, perhaps corresponding to a wave (ii) in US indices, a high in the Nikkei, plus that 'recovery wave' would hopefully provide disincentive to gold
I was going to say, be warned, there's likely an extra leg in dollar crosses, partly because Gold ideally needs to break to multi year lows in a wave 5, below 1178.5, following Silver down
Take care in UJ shorts, there's a wave count which MAYBE means one more high, perhaps corresponding to a wave (ii) in US indices, a high in the Nikkei, plus that 'recovery wave' would hopefully provide disincentive to gold
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