DOLLAR INDEX LONG TO $108 (UPDATE)
I am still bullish on the Dollar even though price action is very slow right now & just ranging. But I see a buying accumulation phase playing out. Mid term bullish towards $108 & once that target is hit, we will be able to say more clearly weather it'll then reverse or carry on bullish in the long term.
It's likely we'll see Gold & the Dollar move in positive correlation with each other in the short term, which doesn't happen much!
It's likely we'll see Gold & the Dollar move in positive correlation with each other in the short term, which doesn't happen much!
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