The U.S. Dollar Index managed to settle below the support level at 96 and is trying to get to the test of the support at 95.75. In case the U.S. Dollar Index declines below 95.75, it will head towards the 50 EMA at 95.55 which will be bullish for silver and gold price today. Weaker dollar is bullish for precious metals as it makes them less expensive for buyers who have other currencies.
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