Higher rates buoy Dollar, crush precious metals [Video]

Dale J Pinkert Independent Analyst

TradeGateHub Live Trading focused on how rising interest rates are supporting the U.S. dollar while putting heavy pressure on precious metals. Coach highlighted key pivots in gold, silver, and platinum that have either broken down or are currently under threat, signaling potential weakness ahead. Dale pointed to a two-week reversal in the DXY that was foreshadowed by USD/CAD’s move last week, while Coach also shared a chart of the Dow, noting that it never managed to reach a new all-time high.

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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