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RETRACEMENT | January 19, 2004
How The U.S. Dollar Relates To Gold And Crude Oil
The dollar is going through an upward technical correction while in a downtrend, whereas gold and crude oil are going through a downward correction in an uptrend. Has the downtrend ended for the dollar and the uptrend ended for gold and crude? I don't know. I only know that tops and bottoms are generally not made in a day.
by Ashwani Gujral
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