ALERT: Major US Dollar Warning As Gold Set To Surge Above $1,400!

KingWorldNews.com
January 03, 2018

As we kickoff 2018, the US dollar is flashing a major warning as the price of gold is set to surge above $1,400.

U.S. Dollar Under Pressure Again
January 2 (King World News) – The following is from Andrew Adams at Raymond James: The U.S. Dollar was weak for much of 2017 but appeared to be trying to rally late in the year. However, the recent action has returned to being negative and the overall path of least resistance appears to still be on the downside. Support remains in the 91-92 zone on the U.S. Dollar Index, but a drop beneath there would not be a good sign for the U.S. dollar strength.

The Rest…HERE

This entry was posted on Wednesday, January 3rd, 2018 at 1:35 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.