Gold Price

Strong USD Continues To Limit Precious Metals Price Action

From Colin First: Precious metals finally edged up from multi-week lows as global equity market is currently seeing bearish price action amid mixed signals from macro data and headlines. However, given the strength of the US dollar in the broad market, precious metals were unable to establish a solid recovery rally. Precious metal bulls are […]

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King Dollar To Lose Its Crown In 2019

From Neils Christenson: (Kitco News) – King dollar is preparing to end the year on a strong note, but its reign could come to an end next year as fears of a global economic slowdown could stop the Federal Reserve from raising interest rates aggressively in 2019, according to some analysts.

Dollar Weakness Coming Soon

From Chris Vermeulen: A unique setup has occurred in the UUP (Invesco DB US Dollar Index) that resembles an Engulfing Bearish type of pattern (even though it is not technically an Engulfing Bearish pattern).