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GOLD above 1100 again, dollar steps back

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In the beginning of last trading week USD was quite firm against everything like almost every beginning of a New Year, however by the end things have changed much and there were severe shocks of many financial markets across the world. Several big players on the market reported huge losses this week. So the fear helped GOLD to clumb and close the week above 1100.EUR has recovered losses and will try to build a solid support at 1.0890-1.0910 from which to attack 1.1000 again. But as long as we

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