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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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vhf

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Currency Charts

posted on Mar 03, 2010 12:27PM

We see further confirmation today that the USD is rolling over while gold in euros is just below its all-time high.

Regards - VHF

The U.S. Dollar Index is showing early technical signs of reaching an intermediate peak. Short term momentum indicators including MACD, RSI and Stochastics have rolled over from overbought levels.

Conversely, the Euro is showing early technical signs of reaching an intermediate low. Short term momentum indicators including MACD, RSI and Stochastics are recovering from oversold levels.

Weakness in the U.S. Dollar sets the stage for a move by the Canadian Dollar above resistance at 97.79.

Weakness in the U.S. Dollar this morning prompted strength in commodities priced in U.S. Dollars including gold, silver, copper, platinum, crude oil and unleaded gasoline.