Thursday 12 January 2012

EurGbp, Gold, EURUSD,CT and the rest ( continued)


All eyes on Gold at 1650$. Serious resistance must be overcome here. 1655$ is the significant resistance from the previous reaction line that can be seen below

EurGbp below seems to have picked up as per yesterdays post but we are hitting major resistance at .8320 (as per yestyerdays post this is a critical level on the daily chart with reaction
line resistance and must be broken.

EurUsd ( below) has the same reaction line as before to contend with...This could be a top but i remain long from yesterday- for the moment.

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