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Gold/Dollar-Multi year breakout, says Joe Friday

Gold has been weaker than the US$ since 2011 highs, highlighted in Gold/Dollar chart below. The ratio is attempting to do something this week that it hasn’t been able to accomplish the past few years- CLICK ON CHART TO ENLARGE The ratio has traded sideways for the past three years, inside the blue shaded zone- Joe Friday Just The Facts Ma’am – Gold/Dollar ratio is attempting a breakout above dual multi-year resistance this week at (1).
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