Is a Counter-Trend Move Brewing in the USD and Commodities?

NUGT-- stuck between a rock and a hard place... between its lower channel boundary line at 10.60 or so, and its July-Sep. nearest term resistance line, now in the vicinity of 13.40, against glaring positive momentum divergences.

Technically, both my near term pattern and momentum work are biased for a climb that challenges the resistance line at 13.40... as the USD (DXY) weakens (see chart), which reduces the headwinds for Gold (miners) denominated in dollars...

9 13 18 NUGT 215 GIF
9 13 18 NUGT 215 GIF
9 13 18 DXY Day GIF
9 13 18 DXY Day GIF

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