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Friday, November 5, 2010

Working on Gold/Currencies Analysis

It will likely be this weekend before weekly market analysis is complete. There are several confusing signs out there. Thus far, the preponderance of the evidence suggests we may be at a very short term turn up for the dollar and a sell-off in gold. This is likely not going to be a substantial move, and the dollar is not likely to exceed 80/81 on the USDX. We're currently looking at other markets for confirmation. Once the analysis is done, we will post the results. It will be done before markets open Monday morning in Asia.

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The Dredd Market Report is a guide targeting new investors with education and techniques for protecting and growing their wealth in turbulent times.

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