Dr. Christian Normann

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Norman Financial Weekly Analysis

As of Friday February 19th, gold is positioned in a rare setup that normally only comes along once or twice every 15-20 months……

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Weekly Market Summary

For a long time, we expected major support for the U.S. Dollar Index around 74, and the dollar turned up almost precisely from that crucial level. Our likely target has been the 77.69-82.07 area, and the dollar is now pushing up against the bottom of that range. A top could be seen anywhere in that range, and only a weekly close near 83 or better would make us expect a much larger, longer-lasting rally to unfold.

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