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Message: Re: Charts & Comments - Euro Gold

Mar 28, 2013 10:34AM

Mar 28, 2013 08:08PM

Gold In Euros

Gold in Euros you would think should be rocketing, but the technical condition is much like the $US or $CDN, where the 13-week EMA is touching the 89-week EMA.

The only one to enjoy a recovery rally was gold in Yen, where there was a substantial adjustment in the foreign exchange value of the currency after the recent election. Gold in Yen saw new historic highs after the central bank vowed to devalue the yen and the announcement of an asset purchase programme.

http://scharts.co/YiRSLs

-F6

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