Prices on Gold below the USD1350.00/oz would remain bearish contrary to having its prices recover from the 1250.00 support we have seen so far. And with OIL prices have pulling back below the USD45.00 /bl. handle added to the USD lift with the European currency pairs retreating to their former low band have remained with the market's negative outlook.
Guiding the trades by focusing on the USD direction will provide a better footing on what the market remains supportive. Note that the overall market behavior including the (3) major US Stock indices is vulnerable and quite sensitive to the slightest comments made prior to any market reports.
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The remaining two weeks of trading would pickup the slack for stocks and the USD as price patterns and market behavior would dictate a probable end of the year positive tone as we draw closer to the last quarter trading for the year.
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