I'm revising the analysis I made on DXY in Oct 2017, LINK (www.tradingview.com/.../XpQoTezC-DXY-SHORT/). For the next week the DXY will continue the downward move which can be seen as H&S on the H4. After the coming week the dollar is likely move to an extended bull drive. I thought the bear trend would last a bit longer, but all indications are now for a bull trend about to kick that will last for 2 months or more.
This means am getting cautious on my precious metals longs and will exit them after next week. Also applies to any other short positions on the USD.
This means am getting cautious on my precious metals longs and will exit them after next week. Also applies to any other short positions on the USD.