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03/14/17 2:32 AM

#4405 RE: RZB #4404

I just saw that. I have posted this monthly dollar chart many times and have said that it looks pretty bullish to me, but everyone keeps saying the dollar is getting crushed?

I've seen gold move up to $22 when the dollar moves $1. The chart suggests about a $108 target on the dollar. That's another $7 move up. That could move gold back another $100 and put in a double bottom from December.

Things could change, but right now that is what I see from the charts unless gold decouples from the dollar and they both move up.


Monthly dollar chart
https://invst.ly/3ft5s