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Gold and the U.S. Dollar Index Mimicking Previous Action

Bob Hoye
Institutional Advisors
Posted Apr 23, 2010

Gold’s ability to hold well in the presence of the buoyancy of the U.S. Dollar since December is similar to the experience of 2004 through 2005. While there may be another test of the $1115 to $1125 support, a close in gold above $1161 should trigger a move to all-time highs.

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Apr 21, 2010
Institutional Advisors

Hoye Archives

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