USD index has been moving up strongly from 89 since beginning of the year. Ever since Trump commented about rate hiking from Federal Reserve, the index moved down for last two weeks. Last trading day saw it rebounding from support line. The up move could resume for following week. Trader can take position by USD ETF for potential up swing. ~ 100 shall be next higher target. If USD index move down from support line, Gold price could gain buying interest.
Gold ETF: GLD (listed on NYSE)
USD index ETF: UUP (listed on NYSE)
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