The Most Important Chart in the World is Getting Uglier by the Day

by Graham Summers
Gold Seek

The $USD continues to drop like a brick, having taken out critical support in the near-term.

[…] This is just the beginning. It’s only going to get worse from here.

Here’s the $USD’s chart running back 40 years. I call this the “single most important chart in the world,” because how the $USD moves has a massive impact on all other asset classes.

[…] As you can see the $USD broke out of a massive 40 year falling wedge pattern. This initial breakout has failed to reach its ultimate target (120) and is now rolling over for a retest of the upper trendline in the mid-to low-80s.

Continue Reading at GoldSeek.com…

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