
Recent analysis indicates a significant breakdown in the US Dollar Index, suggesting a potential bull market for gold and other precious metals. Observations highlight that the US Dollar is losing ground against inflation, with predictions that the Producer Price Index (PPI) will outpace the Consumer Price Index (CPI) in the coming years. This trend is further supported by historical data comparing the US M2 money supply to gold, reinforcing the bullish outlook for precious metals. Analysts are closely monitoring the current monthly candle of the US Dollar Index, which is showing a pronounced decline. As these patterns unfold, the gold market appears to be reacting positively, with discussions around whether the gold price is breaking out or if the dollar is indeed breaking down.
Is the Gold price breaking out? or Is the Dollar breaking down? https://t.co/BXpQqPpVcA
Might explain the breakout in Gold running ahead of breakdown in US dollar https://t.co/CBXRNaLnq6
The US Dollar Index presents us with a fascinating chart. Currently showing a major breakdown. No conclusions until this (currentley very red) monthly candle closes though #Preciousmetals #Gold #Silver #StockMarket #Bitcoin #Crypto https://t.co/jro4Zxkzna https://t.co/bGsU5K5NPP





