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Thursday, March 28, 2024

Believing In King$ About To End If This Breaks?

Courtesy of Chris Kimble

Is King$ about to experience a dual breakdown of support? If so, will the world no longer believe in the US$?

This chart looks at the U.S. Dollar over the past 22-years on a weekly basis.

The 92 zone, which is line (1), has been support and resistance several times over the past couple of decades.

King$ is testing this line as well as 9-year rising support at (2).

If this important dual support level does not hold, red hot Gold & Silver would receive a bullish message.

What King$ does at (2), will send a  long-term important message to the commodities markets!

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