Gold going to 1500 || EURUSD going to 1.33

Gold going to 1500 || EURUSD going to 1.33

10 August 2015, 09:11
forexintel
1
109

GOLD

Expect gold price to retrace from 1113.0 to 1091.5 and then continue towards 1142 by this weekend. I still have the stop loss at previous month's low.

 

EUR/USD

Expect gold price to retrace from 1.113 to 1.0915 and then continue towards 1.142 by this weekend. Is there any correlation between the gold and eurusd prices????