EUR has made a difficult rally, i've expected it to happen yesterday, but EUR dropped even further to 1.2763. At last the long needed correction is a fact. As expected Obama is the new president of the USA, manipulating the economic data did good job, now it's time for the real US data. In eurozone the situation is even worse, today there is an important vote in Greece for adoption a new budget cuts plan, and next monday on 12 nov, euromembers will decide for the new money transfer to Greece. There is a 48h strike all across Greece, and the country is completely paralized, nothing works. I'm sure there will be a new money transfer to Greece at 150%.
LONG EUR above 1.2840 SL 1.2810 TP 1.2890-1.2920
SHORT EUR below 1.2770 SL 1.2800 TP 1.2700 and below
we shall have a consolidation around 1.2900 it's quite possible fail there and reverse to 1.2800, i still think we are going higher, but be careful around there.
GOLD has made almost 40USD move higher, as i've told you last week recovery will be even stronger than the fall. GOLD seems prepaired to extend upside, we have resistance near 1740, so try these:
LONG GOLD above 1713 SL 1708 TP 1738-40
SHORT GOLD below 1705 SL 1711 TP 1685 and below