As described on chart.
Note
So far so good! Predicted downtrend move very accurately. However, 18 days ago I didn't know that D.Trump may become setting up some crazy executive orders. Depending on what he signs, DXY may go up or down.At the moment (30th January 2017) we can see bearish candlestick, this pattern may indicate DXY to go even lower.
Note
Published that chart 20 ays ago however, due to various circumstances my opinion has changed!Looks like Trump don't want to have strong Dollar, it means he try to devaluate USD currency. It may be very bad for people holding their savings in this currency. I wouldn't be surprised if his policies will cause stock market to collapse.
If that will happen then it's better to keep your savings in physical precious metals rather than paper currency or paper gold or silver.
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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.