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EmptyEternity

Double Top in $XAUUSD - Powell Brings the Thunder and $DXY Jumps

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
EmptyEternity Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Double Top or Bottom XAUUSD xauusdshort DXY dxylong
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doubletoporbottom xauusd xauusdshort dxy dxylong
Double Top, watch Powell pull out a 1%+ rate hike tomorrow instead of the .25%. This will crush oil and commodities (Russia and China) while also causing inflation in Russia and China as we tighten. Their economies won't be able to take that double whammy.

I predicted a rise to 2,100 area, and then a descent to $1,575 and possibly $,1350.

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GOLD $XAUUSD going to $2,100 or $1,575 - but definitely $1,575
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