Gold’s, Silver’s and Dollar’s Indications

From goldpriceforecast.com

The situation on the forex market continues to develop with my previous comments. But – as you also read previously – the big impact on gold (and mining stock) prices can be delayed until the markets are more certain that the rallies are not accidental. That’s what we saw in 2022, but since I wrote about it in greater detail yesterday, I don’t want to discuss it once again today. In short, my May 6 bullish comments on the USD Index remain up-to-date: The U.S. dollar moved sharply lower on Friday, and it moved back up before the closing bell. This was the third consecutive day when we saw a sharp move lower in ... (full story)