XAUUSD

Looking at the "Big Picture":

1- Political Circus in Washington with increasing Debt that will never be paid.

2- Geo-Political risk in Syria, South China Sea, Ukraine, North Korea ...

3- De-Dollarization process (How did you go bankrupt?" Two ways. Gradually, then suddenly )

IF Petro-Yuan supplants Petro-Dollar

then Importing Nations No longer need Dollars ==> Demand for Dollars and Treasuries Drop
==> USD declines
==> Dollar Crisis
==> Higher Inflation
==> Interest Rates Increase
==> Sovereign/Private Debt Crisis