What a move for crude testing the $90 mark. Where to next, with the massive fall off in crude onw would expect to see a similar movement in gold. However, gold has found support of the 4hr 20ma. I would now be looking for shorts if it can break the four hr 20ma.
EURUSD will follow gold, so if gold breaks to the upside, I think EURUSDis a more attractive player. If not a move south in GOLD will be more attratice to follow the EURUSD pair.
Cable is in a triangle on the 1hr chart, I'd be waiting for the break of these, witha correlated move in gold and EURUSD before taking a position.
EURUSD will follow gold, so if gold breaks to the upside, I think EURUSDis a more attractive player. If not a move south in GOLD will be more attratice to follow the EURUSD pair.
Cable is in a triangle on the 1hr chart, I'd be waiting for the break of these, witha correlated move in gold and EURUSD before taking a position.