Please take a bit of time to check out my recent written interview with Eric King of KIng World News as we discuss the technical price chart of the US Dollar and some general concepts about price action.
It should be kept in mind that a rallying Dollar tends to bring pressure across most of the commodity complex as a sector. There are exceptions however and we note those.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/7/12_Crucial_Chart_%26_What_to_Expect_From_US_Dollar,_Euro_%26_Gold.html
Dan the chart at KWN is hard to read . . . would you mind posting it here so it will enlarge when clicked like your other charts?
ReplyDeleteSilver started the day down about 60 cents and not it's up 13 cents, strange..
ReplyDeleteThank you Dan.
ReplyDelete