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Strategies & Market Trends : Option Trades
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To: zx who wrote (478)1/16/1998 3:03:00 PM
From: scotty  Read Replies (2) of 2341
 
Hi ag,my take on gold.A strong dollar is poison for gold,but looks like MAYBE the dollar will selloff.There are hints in todays news that a short squeeze is unfolding.Double bottom in XAU looks promising.Large commercial traders are net long Gold futures,usually a bullish sign.I'm trying to profit from bounce,short term trade.
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