Tuesday, 24 April 2012

GOLD and EURUSD moving sideways...not for long

 I see gold moving sideways below support and I think I big down move will soon come if it stays below 1670$. I'm neutral and slightly bearish.

EURUSD as mentioned yesterday in twitter was testing support as can be seen it back tested the upper pitchfork resistance. It will either accelerate upwards above 1,3240 or it will test once again the green support line. I'm bullish in this pair as long as it holds 1,31 and 1.30.

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