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Short Covering Rally Carried Across All Metals Yesterday

The NASDAQ is up 134 points on NVIDIA (NVDA) news. We had a solid short covering rally in all the metals yesterday. The dollar peaked out against the 103.90 level. And we are starting to see lift in other currencies. 

The gold market got a little bit of a bounce - not a trend change per se. The momentum is still down. You're under the 18-week average of closes. 

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