The US Dollar is poised to rally back to near $97.50 as this recent downside price swing ends. We believe the US/China trade talks and North Korea deal with result in a strong upside potential for the US Dollar and the US stock market as time progresses.

A certain number of industry analysts are starting to announce the recent December 24th lows and subsequent rally as a “new bull market”. We have been suggesting to our followers that this market has lots of room to run as a continued global capital shift takes place. We do expect some price rotation over the next 3~5+ weeks in certain sectors – including the US stock market and Gold. We believe the US Dollar strength will continue to push higher, above $97, with the potential to reach near $99 before the end of this year.

Just take a look at the weekly gold chart price range and support zone. As we know, in most cases when the dollar rallies gold falls.

Please take a minute to visit www.TheTechnicalTraders.com/FreeResearch/ to read all of the most recent research – including our very detailed 5-part global economic research series. This post is very important because it shows predicted price levels going all the way into 2021 and highlights why this “new bull market” may just be getting started.

Chris Vermeulen
www.TheTechnicalTraders.com

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic

Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better.

His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility.

He is a regular speaker on HoweStreet.com, and the FinancialSurvivorNetwork radio shows. Chris was also featured on the cover of AmalgaTrader Magazine, and contributes articles to several leading financial hubs like MarketOracle.co.uk

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