The scenario above is an incredibly bearish macro trend I have noticed in the US Dollar Index.
The base trendline shows a convincing downward trend that has been forming since the start of the 1980’s.
Peak 1 shows us that the strength of the USD was at a peak of 164.72 in March of 1985, representing a +94.37% increase that occurred over the course of 1,796...
I am relatively new to technical analysis and want to emphasize my lack of experience.
It has come to my attention that Gold has been trading in a range of consolidation for the past 46 trading days. With GDP destroyed in Q2, high unemployment, high inflation targets, near zero interest rates and US national debt reaching scary heights, the idea of a massive Gold...
