Unless we get a sharp reversal this week, I believe the Dollar is going to drop. Hard.

 

Edit – I think I’d be just as bearish on the Dollar if it turns back up and makes a final high just beneath 99. Total ‘exhaustion’ would have set in by then (in my view). The Fed has run out of policy. My own view is that rate cuts are coming (that’s always been my view). The US economy has not reached escape velocity. More ‘QE’ radical monetary policy/madness is coming. Trade wars won’t help the US either (or anyone for that matter). Again, it’s my personal view, but I believe the charts are really telling us what is coming during this Dollar/Gold cycle. Currencies across the globe are falling fast vis-à-vis gold, with breakouts all over the place. $gold will (I believe) follow suit.