Daily engrbytrade™ calculations indicate the US Dollar is expected to continue moving lower. Similar daily calculation results noting a decline occurred on November 15, 2022. Weekly futures trading data calculations also indicate the Dollar will continue to move lower in 2023. In addition to this the effect of a declining Dollar will cause gold and silver to continue moving higher. Current intermarket futures trading data structural calculation results for gold and silver are similar to that of January 27, 2009.
Stock chart courtesy of StockCharts.com.
