The DXY's false-break rebound that began on Friday stalled earlier in the North American session due to a few technical developments. The EUR/USD, AUD/USD and Gold all stalled near key moving averages while hourly studies began to bullishly diverge. This has led to a 50% reversal so far. While there is risk of forming secondary highs if price-action stalls here or near key Fibonacci levels (61.8%/78.6%), the uptrends remain firmly intact.
STRATEGY: LONG GOLD at 1364.60, risking 1348.40, targeting 1436.50
