The dollar index lost 4% last week, the most significant drop since March 2020. Such powerful moves against the trend often signal a further trend reversal. However, it will probably be a slower pace of decline and not a one-way street as we see it over the previous ten days. The pressure on the dollar […]
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…