As we move toward the end of trading in the first month of 2018, here is a gold bull alert showing the Chart of Death for the US dollar.
(King World News) – Discussing the magnitude of the coming plunge in the US dollar, top Citi Analyst Tom Fitzpatrick warned: “A repeat here would suggest a fall that might eventually take the USD Index below 70.” Here is Fitzpatrick’s Chart of Death for the US dollar:
Chart of Death…Expect 7 Year Decline As US Dollar Index To Plunge Below 70!
King World News note: As we near short-term support on the US dollar, it’s quite possible we may soon see a countertrend rally in the dollar…….more here