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Commodities Update: Technical Analysis: YIELDS DROPPING, STONGER DXY WEIGHING ON COMMODITIES
May 30, 2025
The creator provides a technical analysis update on commodities, focusing on the US Dollar Index (DXY), yields, precious metals, and related ETFs. The analysis suggests a potential weakening of the dollar and falling yields, which could be a tailwind for gold, although gold and silver experienced slight declines on the day. The creator also notes consolidation patterns in gold and silver, suggesting potential for future upside.
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