Hello friends: This is my mind and analysis and not a signal. Since yesterday afternoon, European time, the dollar and gold have regained their previous divergence. This is due to the decrease in greed in the market. Now gold is in a zone and situation called uncertainty and is diverging exactly with the dollar index. This means that gold will go up and down depending on the strength and weakness of the dollar index unless there is important new or old war news reaching the market. Now the dollar is ready for a correction in the 1-hour time frame at its 1.68% Fibo (and can correct up to 38.2 or more (I think 50% Fibo) from its last wave, the third wave of its Elliott terminal.) Of course, I must add that the dollar index moves with the 5, 5, 5 waves method without a three-wave correction for now. If this is the third of the five waves, there is a possibility of the correction I mentioned. This sends gold to move up, so there is a possibility of gold returning to 3297 and moving up to 3340 or 50. Be careful of your profits this week today. Good luck and always be happy, let's help each other. I wish everyone a profitable, happy and healthy day.🤴🤴🤴❤💖❤😍😎😎😎
DXY US Dollar Index hits near a month high before reversing ahead of US-China trade talks
