Jordan advises that something happened with the ETF (not sure if he means the global currency ETF or the gold ETF) recently and the calculation is a little off. Not by much, but to some degree. Maybe I’ll post my regular chart of gold vs. USD index and global currency pairs for a better view after hours when those charts update.
It’s not just a USD thing, although Uncle Buck is in the spotlight.
It’s a gold in global currencies (as represented by the UDN proxy) thing too.
And it’s not just a daily chart bullish thing. It’s a weekly chart bullish thing too.
And it’s not just daily and weekly chart bullish things. It’s a monthly… well, you get the idea.
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