US Dollar in Digestion Mode, Gold on Pace to Hit Six-Week High

US DOLLAR TECHNICAL ANALYSIS – Prices moved lower as expected after producing a bearish Dark Cloud Cover candlestick pattern. A daily close below falling channel bottom support at 10890 exposesthe 38.2% Fibonacci retracementat 10845. Alternatively, a turn above the channel top at 11044 clears the…

Originally posted here: 
US Dollar in Digestion Mode, Gold on Pace to Hit Six-Week High