$XEU, $USD – Daily
Currency charts seem to be the order of the day, so far. Here’s another look at two of the currencies that could influence the gold price in the near future. First the EURO. It looks as if it may have made a hard back test to the trend line.
OTOH there is a (small?) chance its a work in progress. That is, if it finds support at 115.5 ish
The $USD is up strongly this morning. (not shown on this stockcharts dollar chart until the close of trading) Not a pretty picture if one is a dollar bear.
Nice charts Fox. Looking undeniable