There is naturally an inverse relationship between the USD and Gold. On the left is /GC (Gold futures). Right chart is $DXY (U.S. Dollar). /GC has recently broken above a bullflag and is pulling back. 5/10DMAs are still pointed upward. Meanwhile on the $DXY we have seen a fall and what could possibly be a DCB. todays close on $DXY hit 5DMA resistance. 5DMA pointed down. 10DMA starting to flatten. Watch for $DXY failure to close above 5DMA to confirm bull position in Gold.