DXY! What do we expect?

8 apr 2021

As a good reference to find out what will happen to XAUUAD, we can check out the DXY chart. As you can see it is now in a box in which we can expect a dramatic move. The Biden administration has increased hopes about USD performance since arrival at the office, but spendings has always consequences. So my prediction is that we may face a downfall first, then we see the real impact of economic reconstructions with a rise.
I would be glad to see your comments below about this analysis.