Well, the dollar looks like it started a Bear Market from the 2016 Top breaking 2016 low. So... lower high, lower low rule and we end up with the EURO Bull.
Here we have a nice Bullish Bat Pattern to spot where the reversal may occur. This will help Gold to get out of this hole.
I bet we could get it early next week to create a nice Weekly Reversal candle and create the Head of the IHS that will propel the Currency to 1.27 area this year. (With ECB help obviously which is trying to keep it low in this Currency War battle.)
Trade Safe !
Here we have a nice Bullish Bat Pattern to spot where the reversal may occur. This will help Gold to get out of this hole.
I bet we could get it early next week to create a nice Weekly Reversal candle and create the Head of the IHS that will propel the Currency to 1.27 area this year. (With ECB help obviously which is trying to keep it low in this Currency War battle.)
Trade Safe !
Here Dollar chart...