Dollar CRASHED ! Gold and Oil reacted accordingly.

The greenback plunged below 78.19, its lowest low ever recorded in history. Despite Fed's rate cut, this is not astonishing as expected previous week.

Gold and oil have responded accordingly, with gold rising to $743.80/ounce and December light crude at $80.48/barrel. There may yet be another retracement to test support at $730/ounce, but the long-term target for gold is $900 [730+(730-565)].