EUR/USD (Euro/US Dollar) appears poised for a significant rally/trend reversal in the coming weeks to months+ with a solid recovery back above the 1.03650ish resistance level likely to spark a powerful short-covering rally (bear trap). Should that be the case, gold & silver would likely rally as well due to their strong positive correlation with the Euro (negative correlation to the Dollar). Daily chart with initial price targets at the arrow breaks shown below.
EUR-USD daily Aug 26th
Gold & silver appear poised for more upside in the coming weeks to months, especially if the bullish case for the Euro/bearish case for the US Dollar plays out. Pullbacks to the uptrend lines on these 60-minute charts of /GC (gold futures) & /SI (silver) would offer objective long entries or add-ons with stops somewhat below.
GC 60m Aug 26th
SI 60m Aug 26th