Gundlach says the dollar is ‘doomed’ over the long term

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Gundlach says the dollar is ‘doomed’ over the long term because of rising U.S. deficits

https://www.cnbc.com/2021/07/15/doubleline-ce...-term.html



US Dollar Index formed a Double Bottom at 89, it is a matter of time it will break sharply below 89 and test the next support at 80, when that happens, gold price will surge sharply and may make new record high over $2000 per ounce. Mining stock share price will rally accordingly.



US Dollar index

https://bigcharts.marketwatch.com/advchart/fr...60&y=5



Gold and XAU technicality

https://investorshangout.com/images/MYImages/...2,2021.gif


Gold price daily

https://bigcharts.marketwatch.com/advchart/fr...;x=42&


XAU Mining Index daily

https://bigcharts.marketwatch.com/advchart/fr...&timeF


















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