US Dollar, Bitcoin, and Gold Miners Send a Clear Message: Big Moves Ahead

From Investing.com: 2025-04-28 12:26:00

The USD Index is showing signs of a rally, with a potential breakout on the horizon. This could lead to further gains in the coming weeks, impacting commodities and precious metals.

Bitcoin patterns are mirroring those of 2022, suggesting a decline may be imminent. The similarity in price action between bitcoin and precious metals indicates a potential decline in both sectors.

The gold stocks to gold ratio is not indicating a buying opportunity yet. Without a breakout above long-term resistance, buying into gold miners may not be advisable at this time.

Gold has broken its parabola, signaling a potential decline in the coming months. This could present opportunities for investors to benefit from price slides in certain parts of the market.



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