9/03/2008

EURUSD and GOLD

Chart of EURUSD in daily

The long term top has been confirmed, the support level for the current downtrend is at 1.432. The eurusd would be in sideway for few months, and then continue its dropping..

Chart of gold in weekly

The 7 years bull market of gold is over. The middle term support for gold would be around 735 which have two fibonacci price level and a previous pivot high.

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