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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (41709)10/1/1999 12:45:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116762
 
The XAU needs the US Dollar Index to continue its decline or else its quite vulnerable here.

Gold is primarily a Currency. The shorts will take control of the XAU very quickly again if the Dollar Index turns against Gold.

The real story behind Gold is always the US Dollar Index.