Gold Futures, using a GC1!/DXY ratio, gold vs dollar

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Using a gold futures continuous contract and the DXY i simply plotted the ratio and picked picot points to create a parallel channel on the GC1! graph....to which I doubled up the channel, or channel stacking, to see what would occur.

Make sure to utilize the "L" Log function in the bottom right of that chart to see something that may not be there and how perspectives can change when you reorient your scale.

Not much on analysis, just point to consider. That Fib Retrace was also don taking the lowest pivot point of this run and the top, most recent high, on the GC1!/DXY chart and plotting that to the exact location on the gold futures chart.

So somewhere in the 3100 to 3000 window looks good.

Gold chart with corresponding DXY ratio chart with points highlighted in green:

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gold chart with momentum without Log function:

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gold chart with momentum on Log function:

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