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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST

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To: Cogito Ergo Sum who wrote (92406)7/11/2012 2:47:06 PM
From: Hawkmoon  Read Replies (1) of 217656
 
I'm looking at the USD (UUP) making new short-term highs, and setting up a channel for even higher gains..

Here's the DXY 5 year chart:

bigcharts.marketwatch.com

Then the UUP 5 year chart.

bigcharts.marketwatch.com

And then I'm comparing it to the 5 year GLD chart.

bigcharts.marketwatch.com

There is a strong chance that the DXY may hit 90 in coming months. Which means that we have to watch the price of GLD for any buying opportunity.

Hawk
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