GREY:ALXDF - Post by User
Post by
goldopportunityon Sep 22, 2014 9:15pm
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Post# 22960641
Today's high in the us$ matched a multi-year high.....
Today's high in the us$ matched a multi-year high.....and it would appear that the us$ is about to correct downwards, as it now will be hitting against very solid resistance. Conversely, this will mean that gold and gold indices/stox will begin to correct upwards. Now there still could be some drama, but for the most part I think we should see the gold instruments start to move up in the next few days.
As for azx, I think today's low of C$0.055 was most likely the bottom in this cycle. The u.s. sp was marginally up today and was strongly bid. Jmvho.
goldopportunity