U.S. dollar to decline - Gold to RiseRicahardson / Bass Quant on U.S. Dollar
and Dollar vs Gold Moves
Failure Signal Complete
The daily gold charts is that of an upward channel. it is at the same point as the prior price around 930 and is off a bit from that.
The U.S. Dollar has made a lower high on the daily a couple days ago and is off sharply today. This is the signal I use for a short. It is off the prior high, came back up and is now failing on the repeat.
Source
www.amprogram.com
Source
www.kitco.com