nice ascending triangle on chart, page-6

  1. 1,565 Posts.
    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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