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A Golden Opportunity
Greg Womack -- Certified Financial Planner Greg Womack -- Certified Financial Planner
Oklahoma City , OK
Monday, September 11, 2017

After consolidating for much of the year, Gold has recently broken out of a trading range to the upside, back to levels not seen since the summer of 2016.  Analyst Chris Kimble at Kimble Charting took it a step further and looked at the Gold to Dollar ratio in the chart below.  The Gold/Dollar ratio has recently broken above both its resistance level, and a multiyear downward trend line.  In the past, Gold/Dollar strength has been positive for precious metals and miners, Kimble notes.  
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Greg Womack, CFP
Womack Investment Advisers
Edmond, OK
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