Korelin Economics Report

A focus on the downward pressure on gold and the technicals on the USD

Doc is with us to discus the continued move down in gold. We have been on record saying that gold will continue to slowly drift down into the $1,275 range and today with the metal briefly breaking $1,308 we could be in for more moves down next week. We also take a short and long term look at the USD. The weekly chart is telling a different story than the monthly.

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