The first chart indicates the USDollar gaining strength, and that is bearish for gold. The other charts are bullish for gold. To those with gold holdings already, the do-nothing approach for now may be appropriate, hoping for lower prices. But for those with no gold exposure, buying some with the intent to layer in future purchases may be prudent, in case prices continue to rise.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/18_Gold,_Euro,_Dollar_%26_Where_The_Chinese_Are_Buying_Real_Estate.html
Friday, July 18, 2014
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