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#ECB is likely to crash EUR in attempt to stimulate EU-economy🤦♂️(incompetence in ECB is staggering!). Wait for waterfall moment in #EURUSD. Currently flirting with LT-trendline. Target 0.85-0.91 #HZupdates 
Major drop in #EURUSD will send #USD #DXY soaring (following pot. ST weakness). LT-target for DXY is >111. This is likely to be the trigger for REAL Fed intervention, which will push economy out of Deflation #HZupdates
Rally in #USD will push #Gold (#XAUUSD) into major decline in final wave C, which will take yellow pet rock below 1000 USD. Imo no way that structure of rally since 2015 is new Bull market. It is ZigZag-correction topping ~1480 (here!) or ~1590 (-1600). Major Bull trap #HZupdates
#Gold Weekly RSI now tops Weekly RSI from major top in 2011. Gold is EXTREMELY OVERBOUGHT and Gold bulls are ecstatic! The EW-structure is quite clear. Major (and strong) decline to set in - and Gold Bulls blood in streets before LT-bottom. Take care! #HZupdates
And interestingly, price actions for major Gold #Miners do not support major break out in #Gold. This is a Bull's trap - and decline will be strong and extended #HZupdates
BEHOLD! The great #Silver Bull Market (in yellow😁). I expect price to turn - and revisit 2008-low during DEFLATIONARY BUST #HZupdates
Why should #PM crash? Well because of spike in US yields. We have sideway consolidation (Bearish Long term!!) but EW suggests another rally before we see major drop. Notice divergence! Will rally in yields +drop in #equities (deflation) cause Fed to intervene for REAL? #HZupdates
That is all for this week! Deflation is playing out. Europe looks terrible (especially Banking equities). Major deflationary bust for coming months - before Fed intervenes FOR REAL. Until then USD is King! Have a great weekend! #HZupdates
