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reluctantplumber
Aug 9, 2017 1:58 PM

Support from the Old Bear Long

Gold/U.S. DollarFXCM

Description

While the most recent bounce is likely due mostly to lip smacking from Trump and Kim, We can see that the old bear trend has provided support. Something tells me that money managers will start to take a defensive stance very soon...

Comment

What was support is now resistance - Dollar is key, watch out for continued dollar Bull.
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