U.S. Dollar IndexShort
It’s over for the dollar. Long metals.
If dollar doesn’t break up from here, I’m expecting lower targets.
Confluence is bond yields falling today after sweeping highs.
This means I’m expecting higher prices for precious metals in the following weeks. Metals have been way oversold and markets are likely to start pricing in future lower rates in confluence with china’s economy woes, hence, metals will frontrun this.
Confluence is bond yields falling today after sweeping highs.
This means I’m expecting higher prices for precious metals in the following weeks. Metals have been way oversold and markets are likely to start pricing in future lower rates in confluence with china’s economy woes, hence, metals will frontrun this.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.