USDX, Gold: The Hunter and the Prey

From sunshineprofits.com

Just before the hunt begins, the hunter needs to be sure its prey feels safe. Will we see a promising short-term rally in gold? After the USD Index reasserted its dominance once again, its bellowing howl sent shivers down the spine of currency traders. When the U.S. Dollar Index is on the hunt, the precious metals are often its prey. The alpha wolf is poised to lead the pack over the medium term, and the sheep will likely be sent to the slaughter, but the predator needs to gather force first; a peaceful period of prosperity should ensue over the next several days. And this short-term decline could help uplift gold, ... (full story)