The tables have turned for the moment
Euro Gold just broke out over E1100 and nobody noticed?
Euro Gold broke out of a downward channel and nobody noticed?
Euro Gold broke out above the 200 DMA and nobody noticed?
$US Gold bounced off the 200 DMA the whole world held it’s breathe?
Euro Gold is coming up upon serious resistance at E1105 – 1110…….watching closely.
Two sides to every Gold Coin, that is if anybody even has any physical anymore lol.
GLTA
It is a strange old world when the AUS gold miners have just topped out in their daily cycle because the USD is getting close to hosting a daily cycle high.
Mind the USD has still some legs as I do not expect it to host a daily cycle high for another 2-3 days.
Yes Sir Norvast.
Something is a brewing IMO.
It may get started overnight in Asia & Europe who knows?
Things feel poised for a sizeable move very soon.
NS
Euro Gold was rejected at below E1110 today IMO it needs to move solidly above. $US Gold has a potential to lose $1300 if it can’t break $1316, IMO there is a vulnerability of getting smashed overnight again?