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Full Version: Dollar To Test Lows.....
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Woody
Chart of Cash USD Index suggests a test of lows about 70.60 is in the offing, If this happens and we hold onto an RSI positive divergence, could set up a nice countertrend rally in the dollar.

A slight new Low in the Dollar would likely not be accompanied by a new high in Gold but may provide a nice short entry for what could be a wave c down

Of course this is one of several possible scenarios, this outcome is supported by Sentiment and COT so worth watching as it should play out very soon.

StillLearnin
Woody,

I like it! And that would jive with Blustar, myself and others who are looking for a C wave up starting sometime between tomorrow and Monday.

SL
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