If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!He who fights and runs away May live to fight another day; But he who is battle slain Can never rise to fight again. -- Oliver Goldsmith Traders entered the new year exiting their commodity positions on fear of growing…
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Important Relationship Between U.S. Dollar And Gold Signals Trend Change
In a recent article, I wrote about important trend changes in the dollar and gold. An important inverse inter-market relationship is continuing between the US dollar and gold. They have both broken trendlines simultaneously and are threatening a counter trend move. Other than yesterday’s spike on a conflict in Korea, the dollar and gold have moved…
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Negative Divergences On The Dollar Forecasted Trend Change
Last week I warned that the US dollar was reaching three-year lows and to expect a dollar bounce. The dollar has bounced higher as risk aversion has returned with Ireland on the verge of needing a bailout and China raising interest rates to combat rising inflation. There are growing concerns of the Fed needing to…
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