GOLD HITTING NEW HIGHS vs. EUR at 837.08 which could be another classic topping formation in the metal as the case proved 2 weeks ago vs. EUR and against JPY in Dec 2nd. Gold vs. USD extends gains towards 1134, facing key resistance at 113550% retracement of the decline from the 1125 high to the 1044 low. Dollar gets a brief lift after Kansas Fed's Hoenig (lone hawkish dissenter at FOMC) reiterates his opposition to the Committee's "low rates...for considerable period" mantra; adding that zero rates are not sustainable. $GBPUSD drops from $1.4990s to $1.4930s, but renewed USD capping interest supports GBPUSD and EURUSD at $1.4880 and $1.3470. 1 DAY LEFT TO REGISTER TO THETHREEGURUS MEGAWEBINAR ASHRAF's WEBINAR will be at 21:00 - 22:00 GMT REGISTER HERE to Listen to Ashraf & 7 other experts in Trading, Options & Technical Analysis http://bit.ly/9QbYvC
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