The Dollar/Commodity relationship has resulted in a long downtrend for some commodities since 2014. What's interesting though is that Gold seems to have been trading in the same range since June 2013. If this consolidation breaks up, we could be facing some interesting times.
Although I wouldn't be betting on commodities with a DXY continuation still possible, you gotta admit these markets are at an interesting point.
Although I wouldn't be betting on commodities with a DXY continuation still possible, you gotta admit these markets are at an interesting point.
