My Cycle work has Gold headed higher after the next Intermediate Cycle Low (ICL) has been confirmed. Short term, we may see more of a pullback but longer-term it is headed much higher into next Spring for starters.
In the short-term, the USD could well test the 96 level (200wma on the Weekly chart) in its current uptrend but my Cycle Work shows it is headed much lower. Why? Sometimes a picture is worth a thousand words.
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