There's a reason why we watch the dollar index so closely and try to guess/predict which direction it will move next...and you're seeing why today.
And this is no fun at all. For the past two weeks, nearly every podcast has discussed the possibility/likelihood of the POSX breaking its downtrend and moving toward 105 and then, if that we to happen:
- Comex silver, having broken its 50-day MA, might go to $21
- Comex gold, following silver's lead, breaking its own 50-day and the heading to $1840
- and now here we are
Again, this is no...