If you did the Buy on Gold XAUUSD few days ago, you should be on a handsome profit by now. But we have not reached target of $2100 yet, and Gold looks like it may pull back quite a bit. Watch this video to see my analysis, and consider adding a Short position to your portfolio to protect some of the profits you made on the buy on XAUUSD.

The US Dollar has strengthened quite a bit, time a pull back I think, what could go wrong with the USD?My technicals are telling me the dollar will have a tough time over the coming days/weeks. The fundamentals should unravel. I'm staying on the short side of USD, thinking of the Long positions on popular cross currencies like EURUSD, GBPUSD.

DXY seems to have found resistance around the 99.4 level. I'm not sure so this is the end to be honest, as I can see the recent descent weakening and we could easily see buying coming in through Thursday and Friday as the Non Farm Payrolls comes up. For now stay on the long side of DXY thus shorting other popular pairs against the USD.