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The dollar, gold and the interest rate influence

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Remaining bullish on gold and bearish on U.S. dollar, with sentiment extremes and short-term composites supporting chances for dollar decline and gold rally. Gold Watch aggregate trending higher with gold while long-term dollar composite remains negative. Nominal and real interest rate trends support gold while negative real rate differentials remain bearish for dollar.

Ned Davis Research | Equities | Global Focus | Weekly

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