All the currencies are in a down trend against the US Dollar . The 200MA is still declining , no sign yet for a long trade against the US Dollar . The currencies that Peter Schiff talk about , the Australian Dollar the Euro and the Pound , are still in a down trend despite the last rally.
We can see that they start to build a base , but not for a solid long trade for years.
The only one that is in a up trend is the Gold , a long trade will be above GLD 100 and a short trade can be taken under 85-86.
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