Red line : short position target Green line: : Long position target As the Head& shoulders pattern has broken, and gold are very strong compared with DXY ; i believe first it will reach the upper side of the down-trend in short-term, around 1310; However, the most of the technical signal shows overbuy on day chart, it may not have enough power to break out....
XNET just announce a private cloud storage product with the theory of block chain. And the equipment are ALL SOLD OUT at taoboo with a price of 399RMB (And now someone offer it for $999RMB) Many people in china use XNET for their BT service. There are a trend-line occurs around 10, and breakthrough yesterday, as this is the 3rd times breakthrough, may consider...
there should be one more significant drop to around $5000, beware if break through the up-trend line.
long till reach TARGET 1282 and short, targeting 1235 or below.