Gold & €$

Was that just a Fib bounce off the 61.5% RT level or something more? I suspect so as the current low is on the first warning line under the LMLP from the new fork. Gold has not carried through after Fridays close and looks weak but i would like to be convinced otherwise. Another test of
$ 1300 now looks more than likely if we break through the reaction line under price at 1322.00
If i start to get excited by this market i will post any thoughts.

The Euro looks poised to have another go at the median and reaction (there is one of each) lines at 1.3760-ish level. See previous posts for more info on these forks/RL's







Lastly The FTSE and other stock index futures look weak even after a bounce off the ML at 5777 (Mch11) and this market looks set to retest this area and a break of the trigger line would initiate a sell stop setup for me.( more on this and the trade plan if/when we get there)