The Dollar Index rally ran into resistance at 100. Reversal below last week’s low would signal a medium-term decline to 94*.
* Target: 99 – ( 104 – 99 ) = 94
Spot Gold found short-term support at $1220. Recovery above $1250 would signal resumption of the primary up-trend but a test of $1200 is more likely and breach would signal reversal to a primary down-trend.
