- At least for now the Euro and GOLD seems have got a real dose or painkiller I am not sure how long it will last but we can foresee where buyers will get a tough fight. Bears or short sellers have had a nice profit if they don't get greedy they may as well get hampered next few weeks. If you detected the weakness sometime end of the July, you should by now feel happy if you were on the right side. Usually, when tested the low of the year specially 9-months apart, technical bounce is very likely but downside momentum may continue if price fails to make a few higher highs and higher lows that remains to be seen. Now, watch closely recent support that has been taken out which acts overhead resistance a clue 119.42 if gold moves above 1235 that should not be a problem and it has higher chance to get it

- EUR-CHF lower, new daily low close to first daily support (1.2111).