Minutes after his appointment was announced, Kudlow, an economist and CNBC contributor, was on the network outlining his views on a range of economic fronts, starting with the dollar. In a rare departure for someone about to take a senior government job, he even offered a trading recommendation: “I would buy King Dollar and I would sell gold.”
Knee jerk reaction today, However GLD weekly MACD hist is trying to cross down. IF that happens GLD will go to the lower Bollinger on the weekly. Kudlow trying to help that happen.
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