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Wednesday, July 26, 2017 10:16:08 AM
Not that it matters today...as charts mean squat when Uncle Janet opens her trap
Agree, wheel of fortune today.
Also, I'm not so sure how much correlation the dollar and Gold have had of late.
Again, I agree, gold was pretty much ignoring DXY last few weeks. It's just I don't think this can carry on indefinitely. Oversold DXY is just one of the things that MAY help bring gold lower in the next week or two.
With this trade, I'm looking at 15%-30% move in the next 2-3 weeks. I will be flipping only on very sharp moves.
There's only one way to fight a troll - IGNORE!
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