ScottBogatin

Gold and the dollar

COMEX:GC1!   Futures Oro
8. 5. 22 I noticed on my list of markets that the dollar made it nice today, so I opened up the chart to see what it happened. From that point I did an analysis for you, and since the dollar affects gold and silver,I decided to look at gold, and then I stumbled upon some Revelations just before running out of time. This probably means that there will be a part 2 later today or sometime this weekend. In my mind...There is a V formation, and there's a potential ABCD pattern going lower, especially if the gold cannot reach the 382 retracement. See if you can find this on your own, if you have time, I'll produce a video later to show you the thinking.
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