US Dollar, Gold, and Crude Analysis

August 10th, 2014
in gold

by Jeff Pierce, Zentrader

The dollar looks set to challenge 2013 highs.

Follow up:

usd

Crude's recent move lower has hit support. I'm not convinced it will hold.

wtic

Gold is at a similar junction where the recent bottom seems too obvious. My best guess is that in the short term we'll see dollar strength with oil and gold weakness, or sideways action in these commodities.

gold









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