Gold & USDX + €$

If price does not hold here it is looking as though we will see 100% RT or more and then a puncture of the 1325 level and a drop to test 1300. No one is more surprised than me as the sharpness of last nights rally looked very promising. We are in the zone .618-.764 but there are no certainties in these markets.










The Euro has turned as far as i am concerned and we have seen the highs this morning (re Davos comments) see below