Market Outlook 01/11/2021
The turmoil in the markets on Friday, the downside move in indices in globex, the rout in cryptos (Bitcoin down 20% from highs) and metals (Gold/Silver) can be all traced back one asset: US Dollar
The stronger the Dollar, the higher the pain to be felt in all the asset classes mentioned above.
Gold (/GC) broke support on Friday and ended up with a massive…