US Dollar’s Back-and-Forth Hides a Bigger Gold Setup
From Investing.com: 2025-06-04 16:49:00
The USD Index is showing signs of bottoming but may trade sideways before rallying due to a 3-4 year cycle. Historical data shows previous bottoms took 50-137 trading days to form. The current period is only 32 days, suggesting a possible rally in 18-28 days. Geopolitical factors and stock market turmoil may accelerate the USD Index’s rally. Mining stocks signal a bullish continuation with potential gains in silver and gold stocks. Monitoring how gold and mining stocks react to USD movement can provide valuable insights for investors. Specific companies show strong technical setups and potential for significant rallies in the near future.
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