Gold Spot / U.S. Dollar
Short
Updated

XAUUSD, GOLD could get a 12% drop similar to 2012,2013

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GOLD is currently printing several similar patterns on our indicators that could lead to a 12% drop soon - if confirmed this move would repeat the 2012-2013 cycle where dxy over time dominates the markets - when dxy is bull - most other markets are going bear.

Note
suggest looking at the bigger correlation chart that puts things in perspective:
BTC insight, BTC,FED,DXY,GOLD correlations

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