Monday, November 12, 2012

Focus on Gold and the Dollar


Next week, focus on Gold and the $USD Dollar
Chart above ; Gold daily
Pay attention to that "reversal level"
Key resistance is quite clear
Still very bullish on Gold, but we could face a "longer tight channel" before the next bullish break out.
Currencies ;
The $USD Dollar was oversold ... the Euro was overbought .... 

Source | Alpha Global Investors | http://gicharts.blogspot.com/2012/09/focus-on-gold-and-dollar.html

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