Here’s a chart of the U.S. dollar versus g0ld and the euro.
As you can see, when the dollar goes up, gold and the euro usually go down
{ 0 comments }
From the monthly archives:
January 2009
It sure looks like gold is poised for a pullback. Here are two charts that illustrate my point … The rally in the U.S. dollar is weighing on gold just as it bumps its head on overhead resistance. It should head lower from here. The longer-term picture for gold is [...]
{ 1 comment }
