Gold in an upward trending channel, DXY in a downward trending channel.
The dollar will continue to weaken as the government spends more and inflation heats up. This will continue to fuel gold higher. Long gold, short the dollar.
The dollar will continue to weaken as the government spends more and inflation heats up. This will continue to fuel gold higher. Long gold, short the dollar.
Note
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Related publications
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.