A definite breakout for the US dollar, now up to 91.5 with next resistance at 92 and then the 92-95 band.
A stronger dollar can put pressure on the emerging countries with dollar denominated debt, and also could make the Chinese yuan-dollar peg harder to maintain and thus increase the chances of an eventual yuan devaluation.
It also puts pressure on the metals, so this could be another opportunity to accumulate on weakness.
Fwiw Lindsey Williams' insider source said to hold your gold/silver but don't expect anything huge on the upside in the near/mid term. After the Trump election he said the market would melt up, which it did, and he sees 30,000 and possibly up to 40,000 or even higher should Trump get re-elected.
Personally I wouldn't be surprised if Trump gets impeached sometime after the mid-term elections, and he's not likely to 'do a Nixon' and resign. In spite of his cozying up to the Neocons, it's not clear that this will be enough to save him, at least based on the relentless attacks by the media. It looks like they're truly out for blood, so impeachment proceedings in 2019 wouldn't be surprising..
