It’s good to see gold and the dollar revert to their usual relationship on the Seesaw of Pain. When one goes up, the other goes down. And now, gold is going up and the dollar …
Keep your eye on support at 79.56 for the U.S. Dollar Index. If that breaks, we could see the dollar tumble to 78.60. Could it go lower? Yes. But those are two important levels of support I’m watching now.
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