Commercial Traders are developing a structure that will bring Gold back into alignment with the U.S. Dollar. A decline in gold is expected to start by November 2, 2020 (+/-1 trading day) and reach a price level of 1650 (+/- 10%) prior to moving higher. As the U.S. Dollar moves higher, currencies such as the Euro, Australian Dollar, British Pound, and Canadian Dollar are expected to decline.
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