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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (39967)11/10/2012 6:40:13 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218314
 
If the dollar continues firm, then I think gold will have to move lower or at least go side ways since gold is measured in dollars in our gold charts... interestingly enough, I have buy signals in both gold and the dollar right now, this is really odd, so one of these two markets has to be in some sort of transition... if I really had to guess, I would say the dollar will continue higher and gold fall back primarily because of the more serious trouble with the Euro... I've heard some say the Euro will eventually go to zero...

GZ