hmmm....doesn't look good. it's finding it very difficult to even crack $369. Euro holding 1.17 though which is a good sign. If Euro rallies further through 1.17 you will see gold go. Interesting to see when Sydney opens what happens to the Euro. I reckon we might see close to 1.1750 - 1.1760 which should see gold through $370 comfortably.
seems to be treading water now after that cliff drop at just under $372. I think that took the guts out of the session. Oh and as I type somebody just sold it off to $368.
Euro still holding. It's uphill from here I'm afraid. All hinges on Euro movements. If it holds you'll see gold come right back. If the Euro gets sold off you'll see stops triggered all the way back to like $365 maybe.
