Sunday, June 12, 2005

Just a couple charts on a Sunday night . . .

First is gold, weekly.

Courtesy of stockcharts.com
Perhaps a break of the uptrend, but really makes most sense in the context of the next one.

Next is the weekly of the USD.

Courtesy of stockcharts.com
Definitely a "major pause" in the downtrend, if not an out and out break.

Is the gold up, dollar down move done? Or just paused?

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