Thanks. Nice outperformance by GDX over GLD this morning, always a bullish indicator. But whatever the Fed does will probably tell the tale.

Thanks for pointing that out. I was toggling back & forth between the 60-min & daily time frames. I’ve edited the post to correctly list that as the daily chart of the EUR/USD. However, the heat must be getting to me (still out of power & high-speed internet access, working off a generator to run my PC, fans & my refrigerator while tethering off my cell phone for internet access on my PC).
A break below that uptrend line in EUR/USD would be bullish for the dollar, not bearish, as I had erroneously implied. While the pair could break below that trendline any day now, there is still room for more upside without taking out those bearish divergences. There have even been some temporary disconnects of the inverse correlation between the US Dollar & gold recently. I’ll post some follow-up commentary & analysis on the major currencies & gold asap.