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

To: Rarebird who wrote (107305)	1/24/2018 1:51:13 PM
From: Rarebird	Read Replies (1) \| Respond to of 116762

If the bear market is strong enough in the USD, there's an outside chance that the USD may not even rally to the 90 level and will just remain flattish for a little while before it heads lower again. That would not be all that unusual BTW. In fact, when the USD rallied to the 104 level, I remember there was a point in time right after the USD rallied strongly into the low 80s, where everyone was calling for the USD to consolidate and head lower short term, but what happened instead, was the dollar remained flattish for a few days and just picked up where it left off and rallied some more and took another leg up. No one is going to forecast that to happen because it is an extremely rare occurrence and would be tantamount to an absolute rout in the USD.