segunda-feira, novembro 27, 2006

USD by itself

Click chart to enlarge
Chart courtesy of http://stockcharts.com

Awful US Dollar chart and the fundamentals are also extremely troublesome. I think it is only a matter of (not much) time for us to see the green buck reaching 80. That will be a dramatic set up as this level is a long term support and below it is nobody´s land.

Let´s see what will happen and what kind of reaction we may observe on Gold.

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