Can anyone analyse a USD graph instead of a gold graph? ==========
Here's a USD chart, the DXY. As you can see, the DXY has spiked vertically, despite the thousands of posts on the gold forum for decades predicting its imminent demise.
The DXY formed a double bottom, a very reliable pattern, and it might get up to the blue line, about a 70% chance. Which means there's more downside for gold if that occurs, however, I will repeat what atomic bomb scientist Edward Teller said...."Prediction is dangerous, especially about the future".
