Spotlight on the U.S. Dollar

by Rick Ackerman

I’ve included a chart in today’s list that shows the Dollar Index stalled precisely at the midpoint resistance of a bullish pattern begun last week.

This could prove to be a crucial juncture for bullion, since a decisive move by the dollar through the resistance would likely extend the rally for at least a few more days or possibly longer.

Check out the $DXY tout for details, as well as an actionable strategy if certain conditions are met.

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