Say what you will, but according to this line chart UUP has already broken out.
And it looks like it could go much higher.
Does this mean we are whipping a dead horse in the gold market?

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Here is the actual Dollar chart. The trend lines in the potential trading range are not drawn parallel – instead they are drawn to the major reversal points.
Unless gold and the dollar are to rise together in the immediate future the dollar needs turn down right here.

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