US Dollar Set To Rally And Gold Collapse?

The US Dollar is poised to rally back to near $97.50 as this recent downside price swing ends. We believe the US/China trade talks and North Korea deal with result in a strong upside potential for the US Dollar and the US stock market as time progresses.

A certain number of industry analysts are starting to announce the recent December 24th lows and subsequent rally as a “new bull market”. We have been suggesting to our followers that this market has lots of room to run as a continued global capital shift takes place. We do expect some price rotation over the next 3~5+ weeks in certain sectors – including the US stock market and Gold. We believe the US Dollar strength will continue to push higher, above $97, with the potential to reach near $99 before the end of this year.

Just take a look at the weekly gold chart price range and support zone. As we know, in most cases when the dollar rallies gold falls.


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