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picturegoldandsilver.wordpress picturegoldandsilver.wordpress DXY, W, Long , 10 months ago
DXY: Fractal Analysis of Gold Using US Dollar Index
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DXY, W Long
Fractal Analysis of Gold Using US Dollar Index

Above, I have done a fractal analysis of the US Dollar index . It shows that the US Dollar index is likely to drop over the next years; however, it appears to have started a new uptrend (read deflation), from a long-term point of view. Indirectly it shows that gold is likely to perform in a similar manner to how it moved from about $100 to $850 in the late ...

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