GOLD gold futures
Add to My Watchlist 0.51% ! $1,391.7

nice ascending triangle on chart, page-6

  1. amory hill
    1,565 Posts.
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    20/09/05
    02:57
    Post #: 1137149
    re: gold up $8.20 to $471.50 and here's the answer to yesterday's puzzling question: does Gold require the US$ to go down, before it can go up?

    ``You are seeing a major disconnect between gold and the euro, indicating a major sentiment shift to worrying about global inflation irrespective of the currency you quote gold against,'' said Frank McGhee, head trader at Alliance Financial LLC, a brokerage in Chicago.

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    lightbulb Created with Sketch.  Great analysis
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