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Originally posted by CosmicCitizen
Did anyone else notice yesterday (Th; 24 Mch) as Gold and Silver were soaring to new highs that the US Dollar had bottomed two days earlier on Tue. 22 Mch? The two had been fairly well correlated so either the dollar had to fail and make new lows or the gold (and silver albeit less directly tied to the $) had to fail and sell off inverse to the dollar rally. Since then the Dollar has made a higher high for the move off of the recent low (but it is in an area of near term resistance here in the mid 76 handle).