Dollar index change of feeling from bullish to bearish
After seeing how the dollar index has been placed below the weekly average of 30 and breaking the long-term uptrend trend line, and making an oversized pullback, the price has changed to a bearish configuration apparently, which coincides with a disproportionate increase of liquidity of the FED and a threat of lowering rates, which causes a devaluation of the dollar and even confidence of the currency of the United States, moving confidence to gold.
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