Today is the last day of the week and of the month, also today there will be a vote for Greece's money in Germany. There will be no problems and Greece will recieve the new help soon, noone expects any surprises. But a high volatility may present the whole day. The top is limited by 1.3070 and the bottom by  1.2870. Currently we are almost in the middle of that range. Pay attention at any moment because if we reach 1.3030-50 a risk aversion may occur, taking the price back to 1.29 and below.

GOLD is trying to recover, first resistance is @ 1736. As long as the price is below 1745 further drops are possible.

For today:

LONG EUR above 1.2980 SL 1.2960 TP 1.3060-70

SHORT EUR below 1.2950 SL 1.2980 TP 1.2900-1.2870

LONG GOLD above 1725 SL 1722 TP 1736

SHORT GOLD below 1740 SL 1746 TP 1720

Good luck!

Views: 992

Comment by Sohel Mahmood on November 30, 2012 at 12:02pm

i am in long EUR.


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