The Great Battle in GOLD II

We warned you of the risk of a HEADFAKE in Gold and .....did we get a breakdown yesterday (by the way exactly on the day of our FibTime projection).

...but this was not the real news last night.

Yesterday we also experienced the complete decoupling of the US$-Euro-Gold correlation, where we had a strengthening Euro with falling Gold.

We hinted at this possibility around June 19, when we showed you the Gartley 222 in the Euro which has triggerd a BUY Signal with the higher weekly High we printed yesterday.....

How long can this go....ia anybody's guess, but what we do know is that we had Exhaustions in the EURO, GOLD, DOLLAR and that the simple relief moves (short covering!!) can go for some time.....

Today we also have the PAYROLL data coming in the US which can add even more Volatility to this.....