Latest Articles, Market Analysis So Close, Yet So Far | Cliff Droke Seeking Alpha Written by External Source on August 29, 2018 More in Latest Articles: $10,000,000 Budget Set Aside to Test New Surgical Mining Technology March 8, 2024 Precious Metal Prices in 2024 — The Long View February 22, 2024 Why Gold and Silver are Sound Money February 14, 2024 From Cliff Drove at Seeking Alpha: “It should also be noted that while the U.S. dollar index (DXY, below) remains below its 50-day moving average. It’s still close enough to the 50-day MA that a recovery back above it could quickly be made. Thus, it may be necessary for the dollar index to weaken significantly before traders are absolutely convinced that the dollar’s short-term uptrend has been broken. This in turn would argue strongly in favor of a strong short-covering rally for gold…. [T]he U.S. dollar index (DXY) needs to show even more deterioration, before gold is ready to commence a major turnaround. In light of the above-mentioned factors, I consider gold’s current outlook to be tenuous and uncertain.” Rear full article here: >> Or Go Back To All Articles Here: https://goldnotes.com/category/latest/