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U.S. dollar and gold trends into 2010

Posted on 30 December 2009

From Marketoracle.co.uk: The dollar finally broke through resistance at 23, which has turned into support. Price is backing up and testing support.

The CCI index at the bottom of the chart has gone from overbought (+200) to 89. When an asset moves from being this overbought to back below 100, it often signals a consolidation/correction is likely……………………………………Full Article: Source

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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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