EURUSD : I still love ABCD

Anyway, I am sure many of you have seen this already.

It is not only because of the D, Bond yield also says that the $ needs to fall to compensate for its high.

And if we zoom in on the recent price actions, the price seems to have pivoted, but the BEAR is still fighting a strong fight. Anyway, next Monday will see a conclusion of this battle.

The lesson we must take home here is ----> Do not mess with the D when it is showing a reaction!!!

What about XAU? I think most likely is that it will rise. Don't you agree?

Good luck.