• Gold up from $3959/oz on Jul 17 to $4316/oz Aug 7

• USD/THB dropping 33.86-33.06 Jul 23-Aug 6

• Bearish break below 55-DMA at 33.15

• USD/THB has broken below daily cloud top at 33.09

• Traders are still betting that the baht drops

• Mexico's peso may also benefit from gold's rise

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(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)