Next week probably won't be easy for gold and silver. Most likely, they will fall again. The dollar index on the contrary. We agree that the dollar index doesn't have much room left (at least not for the next few days). However, the market makers can push the price up a bit more. After that we see a strong correction which will have a positive impact on gold and silver in late May and June.
This correction should last through the whole June. We expect the low in the first half of July.
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.