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Gold Looks Ugly, but the Dollar Looks Uglier

April 21, 2014

Some technical looks at gold and the US dollar. An interesting note (included with the chart below) is that sentiment for the precious metals is at 14 year lows. Sentiment can stay low for a while when a bottoming process is happening but eventually it will rise and so will the metals prices.

precious metals sentiment

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Discussion
1 Comment
    Apr 21, 2014 21:49 PM

    Yep that’s what a bear market will do.