jsaettele

US Dollar and Gold Prices - what's next

INDEX:DXY   US DOLLAR CURRENCY INDEX
Price action since December 2004 compares favorably with price action since December 1987. The 1990s USD bull move was interrupted by sharp weakness from August to October 1998. 2 of the 14 gold-USD non-confirmations were July and August 1998 and July 1998 is the exact distance in time from December 1987 that July 2015 (now) is from December 2004 (hint…look at what USDJPY did after July 1998). See more at www.sbtradedesk.com

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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.