One subject attracts more opinions than any other: what to expect from the US Dollar ($USD) in 2020 and beyond. Today, we take a look at the chart for the USD to gauge what may come next.
You will recall in chart educational segment 001, we took an in depth look at the weekly chart for gold. Our expectation is for the MACD signal line to dip below the trigger line and then re-cross it later next year. This will be our buy signal based on trend settings. So let’s look at an example where this has just happened.
Ever wonder how a technical analyst looks at chart? In today’s column, John Top explains how he views charts, using the price of gold as an example.
Is the US Dollar Going Higher or Lower? A stock chart analysis for the US dollar on November 6, 2019 and where the support level for USD is.
Is it time to finally buy gold stocks? John Toporowski gives his view on where gold stocks might be headed and where the new trend is after 6 long years.