Gold & Silver May Finally Be Set for Major Spikes, Plus U.S. Dollar Troubles, and Those Who Can Least Afford It

from King World News

Gold and silver may finally be set for major spikes, plus US dollar troubles, and those who can least afford it.

US Dollar May See Huge Plunge

December 16 (King World News) – Top Citi analyst Tom Fitzpatrick: The US Dollar Index traded below a horizontal support level at 90.48 overnight and has broken to new lows. There is no good support down to 88.25, which is a neckline of a huge double top that targets 73.51.

$120 Gold Surge?

Gold is testing a neckline of a potential inverted head and shoulders at $1862 with the 55 day MA at $1875. A break above this range would suggest extended gains towards $1965-1980.

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