It is simple. Price are usually weakening before fed meeting. Prices may bounce a little or continue to consolidate. The next low should arrive around the time of the March Fed meeting. WE ARE AT A FLECTION POINT FOR THE DOLLAR . GOLD BREAKOUT IS LINKED TO A BREAKDOWN IN THE DOLLAR BELOW 88. I am a strong believer in correlations market. Usd/zar is collapsing right now with the same 2001 pattern, so what we should expect?
Yes, dollar will continue to go down.