The chart of the day is courtesy Rambus Chartology via the Market Oracle and examines the performance of gold relative to major currencies. It shows that gold is on the verge of a major breakout against most currencies suggesting some out performance ahead.
Significant Breakdown Ends Bull Run
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Once $SPX broke down through the important 5050 support level, bearishness
has emerged from several areas. Oversold conditions are beginning to appear
alre...
13 minutes ago