As described on chart.
Comment:
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.
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.
At the moment (30th January 2017) we can see bearish candlestick, this pattern may indicate DXY to go even lower.