Currency Cycles Reversing

Posted by Gary Savage - Smartmoneytracker

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The risk to the precious metals market is that the dollar may have formed an intermediate cycle bottom and the euro an intermediate cycle top. The euro is up against a major resistance level which is unlikely to be broken on its first try. This video explains why it is risky to press the long trade in precious metals at this time.

 

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Screen Shot 2017-09-26 at 7.04.42 AM