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RE: Is the US Dollar about to collapse?
Update on 28-Oct-17: Well, the $USD index broke above 94 and is now likely to test the next resistance level at around 97. I would be surprised if it can break above that but you never know. So, I’ll be watching that level very closely as it is such an mportant level which should predict the future of the $USD. VERY INTERESTING TIME !
Update on 27-Nov-17: The $USD is now back down and very near its critical level of 92.50. All my indicators are suggesting that the downtrend has started and if it falls below this level (and then also falls below the next critical support at 91), then IMHO the USD is toast ! This is then likely to propel the price of Gold & Silver to the upside.
@marketreport @maneco64 @jsnip4 @good-karma
Update on 14-Dec-17: The $USD is now forming the right shoulder of a H&S pattern and if it falls below 92.50 then the future of USD looks dire !
@marketreport @maneco64 @jsnip4 @good-karma