EUR is in down channel (blue).
At the moment it looks like a correction, but we expect the price to fall to the bottom before go up.


Silver chart is similar to gold chart so it is not included.

Gold 12h
Unlike EURo, Gold and Silver are still over the support (blue line) from recent raly. The triangle (brown) is broken, but price do not made new high, so probably the triangle or support will be tested again.

Gold 2h
On the 2h chart, we can see H&S bottom may be forming. Second sholder is at the same level as first one, so if the price fell little bit more, the H&S pattern will be invalidated.

Please note that H&S PATERN IS *NOT* FORMED UNTIL IS FORMED and require price to raise over the neckline level at ~1,350.

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