Monday, January 30, 2012

Updates

Here are the two updates on the Euro and Gold, to follow up on the charts i posted recently.. The Euro hit 1.3232, and started a strong decline, which i reckon will end around 1.3043, before we see one possible final rally higher. As for gold, 1739 was in fact exactly the high, which had a $25 decline today morning, followed by a good recovery. I reckon we are close to a massive decline on gold, maybe later in the week. Possibility here still for one more higher high around 1749, so be careful with your shorts...



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