Looks like the recent rally in the Dollar came to an abrupt end a while back, we had a substantial move up in Gold, Silver, Bitcoin and foreign currencies vs it so far, now we get further confirmation of the coming decline in it, today a daily signal will trigger on close, and this week, a large weekly signal might confirm as well. All hinges on FOMC's outlook, but I suspect it's already a done deal (will further accelerate Dollar weakness likely).
Likely a good idea to not own cash going forward, and rather own assets. That's the message here.
Best of luck!
Cheers,
Ivan Labrie.
Likely a good idea to not own cash going forward, and rather own assets. That's the message here.
Best of luck!
Cheers,
Ivan Labrie.
Note
daily target hit, weekly signal confirmed...
Note
On track...
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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.