Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls. : Dollar index is trading near 97.30 and is looking strong; thanks to escalate in trade war tension. The US President has threatened to hike tariffs from 10 per cent to 25 per cent on Chinese goods from Friday if US-China trade deal does not happen. This has put the market in risk-mode and all the risky assets, be it commodity and equity, saw sell off. Safe haven buying was seen as the greenback got stronger and gold saw some buying.