Stark divergences between the Euro (FXE) & stock market (SPY) are usually followed by strong convergences (Euro up or SPY down in this case).
FXE vs SPY 60m July 27th
/E7 Euro futures 1.1016 support now hit, providing an objective long entry for Euro, silver, and/or gold with stops somewhat below. Updated 60-minute chart below (follow-up to the previous 60-minute chart posted earlier today).
E7 60m 2 July 27th
With the Euro at support, this is an objective time to cover a silver short and/or reverse to long for a bounce trade with a stop below 21.80 & a min. target of 22.55. Previous (July 19th) & updated 60-minute charts below.
SLV 60m July 19th
SLV 60m July 27th
With the Euro at support, this is an objective time to cover a gold short and/or reverse to long for a bounce trade with a stop below 179.70 & a min. target of 182. Previous chart from July 19th & updated 60-minute chart below.
GLD 60m July 19th
GLD 60m July 27th