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Strategies & Market Trends : Natural Resource Stocks

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To: longdong_63 who wrote (16372)10/14/2004 1:16:54 PM
From: Claude Cormier  Read Replies (2) of 108683
 
Looks like the USD is about to break out. The question is up or down. Breaking below 87 would almost garantee that gold is heading above $432 very soon... Breaking above 88.65 would suggest a strong rally for the USD towards 100 and a collapse of gold prices.

I lean towards a break below 87.

Which way do you vote?
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