The Buck had a rather big move down today WITH Gold.

As we know here …Gold is now trading with the Yen Very Closely and the Dollar Index is mostly just an inverse Euro. For may years Gold and Euro were in Lockstep. Thus a Strong Dollar was bad for gold.

This has reversed of late and IMO it makes sense. A stronger Euro means Stability. Stability is Kryptonite for Gold !

Anyhow with this rather large move in the Euro…has the Dollar broken Down ?

Yes and No

Dollar Index Weekly