Nice call tpmods.
I would agree, gold looks like it is ready to take out the 900 level. Trading down there in the night session found little volume to support it as seen in the past. That level is the 100 ema and a close below bring 886 quickly into play then 855, followed by 799.
Don Ewers
----- Original Message -----
Sent: Thursday, April 24, 2008 3:09 AM
Subject: [RT] Re: Is Euro ready for a fall?
Trouble has started,check tick price!If $ gains it is bad for
metals/precious metals and above all Crude(rude)oil. All of you are
knowledgable people so need not to write much on this,good luck to all
of you.
--- In realtraders@ yahoogroups. com, "tpmods" <tpmods@xxx> wrote:
>
> While studing charts of euro against $ I feel that $ soon going to
> have an upper hand hence those who are bullish on Euro are advised
to
> use very tight stoplosses,most probably we are going to see a strong
> upmove of a $ and it looks it will be a strong and constant move
> lasting till the 2nd half of 2008,would appreciate comments from
other
> members on this.
>
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