Gold to lead |
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Market overview The potential for an aggressive dollar rally was discussed in last week's release. The speed and extent of the markets' move are not surprising considering the number of technical levels aligned in close proximity. The broadness of the dollar rally from core to emerging markets implied a major unwinding of short positions and was mirrored by the technical set-ups in precious metals. The main question now is: do we fade this move or is there more to come? The answer to both
Filed under: Technical
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