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blloyd

Ascending triangle - #gold back to local high, even $1570s $NUGT

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
blloyd  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis Technical Indicators XAUUSD xauusdlong Gold goldusd goldlong NUGT GLD
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chartpattern trendanalysis indicator xauusd xauusdlong gold goldusd goldlong nugt gld
Gold is, momentarily, no longer inversely correlated with the stock market. Negative real interest rates globally and the inverse correlation with USD is now the primary driving force in the price of gold.

$DXY likely to dip below 97, even as low as 95.85 $USDJPY $GLD

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Target for $JNUG at different $gold spot prices $GDX $NUGT $GLD
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Target for $NUGT at different $gold spot prices $GDX $NUGT $JNUG
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$DXY likely to dip below 97, even as low as 95.85 $USDJPY $GLD
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The bottom of the #gold correction may be in $NUGT $GLD
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$DXY $UUP USD likely correction soon
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