I was getting bullish and had a DXY dollar target of 113 and 96 to 97 short term... but i am open to bearish view as DXY closes below 92.. then important indicator ...50 dma which is sitting at 92.54... Overall monthly DXY looks like a target of around 76 and 77.this is my alternative view target... However go with overall Market view...Markets is saying dollar is indicator bearish view ahead....
If this happens... bullish for US OIL and CRB index.. Gold/silver might see controlled view... but base metals going to fire up....as difficult to control...
If this happens... bullish for US OIL and CRB index.. Gold/silver might see controlled view... but base metals going to fire up....as difficult to control...
Comment:
trader never executed