gold and dollar

11.19.19 A look at that complex, currently ambiguous relationship ship between the dxy and gold. I did not have time to say that I think the gold probably will go lower based on the price action and the recent correction lower followed by a weak 382 correction higher, but it also has too much risk if you use structural stops. I didn't get to this because I spent time describing how coils ( non-directional markets and indecisive buyers AND sellers ) pick up interest through a series of wash and rinse patterns of buyers and sellers ( starting with either group )....and expand ( bars and swings ) producing more volatility and opportunity.

There is also an interesting story you should Google about a lady that did it her way and turned about 1000K into well over 41M...and now has some of the best numbers in the industry with minimal risk at the time of that interview.
Beyond Technical AnalysiscoilsDXYGold

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