USDZAR moving up fast & breaking out with USD strength
I mentioned in a publication today during the Asia session about how I see the continuation of the US-Dollar to continue to power and move through 106 soon like a knife through melting butter.
This is a big reclaim its making on the Poland currency. I bought in recently as it crossed the 200EMA on the daily.
The weekly chart price is powering up a double-top. It will break through this level, USD is gaining so much momentum and it looks to remain that way for the foreseeable future in my opinion.
Gold under so much pressure despite still in a bull-run, lower prices to ensue this week for Gold. Cryptocurrency and the USD$ to power on.
DYOR. These are solely my opinions. I formulate these ideas from charts and price history. I pick a direction. Last Friday I publicly announced here on TV that Gold and Silver would slide in a bigger way this week. It's happening and it will continue to happen because as I mention above, the USD$ is continuing its breakout over 106 soon.
Cheers,
Chris
Daily chart below:
