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$USD - measured move takes price to the downtrend line
again where a right shoulder forms taking the dollar back to old
Can be seen better on the yearly chart where the macd is
crossed strongly up and the major cycle will be oversold at the
Possibly leading to a double top in gold.
$USD yearly chart - 1st big white candle, two more to go for
symmetry to the left
These charts are over 3 years old.
$USD yearly chart inverse head and shoulders update from 2
years ago. Going parabolic or just getting started?
Santelli had a good piece about this the other day. Basically
the same premise - maybe just getting started. Strange to be the
best house in a horrible neighborhood. Politicians globally seemed
to have lost it.
$USD yearly inverse h\s update: Vortex in Jaws beast
here's the same thing I posted almost two years ago showing what
would happen if the dollar did a reverse symmetry move
Indeed gold reached a double top and is pulling back as shown in
the white chart now that the dollar right shoulder is forming on
the yearly chart
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