Dollar Peaking as Gold/Silver Prepare for 2025 Rallies; Euro Bottoming.

01-08-25 – “The Dollar Index remains bullish and on track for an overall rally into – and a multi-month top during – January ’25… when a new multi-month decline is expected to take hold.  This comes after it set a 3 – 6 month (or longer) low in late-September ’24 low – the latest phase of a ~3.25-year/~39 – 40 month cycle that has governed the Dollar Index for 3 – 4 decades.

The Dollar Index has initially fulfilled this upside potential but could wait until mid-January before setting a final peak.

A peak at that time would complete back-to-back advances of equal duration (16 weeks each) while perpetuating an ~8-week cycle that has created a low-low-high-low-high Cycle Sequence and could create a successive high on January 10 – 17,’25.

The Euro is negative and is fulfilling the outlook for an overall decline into January ’25, when a multi-month low becomes more likely.  It would take a daily close above 1.0469/ECH to turn the intra-month trend up and signal that a multi-week low is in place.

A low at any time in this 2-month period would perpetuate a 28 – 29-month high-high-low-low-(low; Jan/Feb ’25) Cycle Progression and likely time a 3 – 6 month (or longer) bottom.

Since mid-June, the Euro has also adhered to a ~5-week cycle – creating a ~5-week low-high-high-high-high-high Cycle Progression with the latest phase fulfilled at the Dec 6th peak.  That has spurred a ~5-week decline into the current time frame (Jan 6 – 13, ’25) – when a multi-week low is a higher probability…

Gold and Silver are in corrective phases that began after they fulfilled multi-month cycle highs in late-October ’24… projecting a future 3 – 6 month peak for Oct/Nov 2025.

During this corrective phase, Gold has neutralized its weekly uptrend multiple times but would not turn that trend down until a weekly close below 2565/GCG…

The XAU & HUI attacked their August lows and are rebounding.  They remain in weekly downtrends and still capable of dropping to 130 – 133/XAU and ~260/ HUI.  They turned their daily & intra-month trends up.”

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Gold, Silver & XAU are preparing for new rallies in 2025 with divergent action unfolding in December.  Gold remains in a positive weekly trend (Silver turned down), increasing the potential for a new advance in 2025 and a future peak in 4Q ’25 – as described in past months…