DislikedI have been playing with the charts, one here that shows EURUSD, GBPUSD and XAUUSD all on the same chart. Seems to show gold leading the EUR and GBP.
http://img692.imageshack.us/img692/3038/eurgbpgold.pngIgnored
I said nearly same thing last week but I was proved wrong by another member here he was wright as yesterday there was no correlation between Gold and GU especially on small TFS
my logic would be reversed anyway on EU and Gold as if EUR falls people should invest in gold so demand should raise so price as well....but it is not like this as I see