![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2nouLeEUhTEX-p2XG4D4Z2BEte8rJuZ2w_ZcTi8rvdGNLHSqgByjcrZjUy-0t6WlfDFDRsz8FaIDVvEIMS4tNakvkD6bT53DxL9Rc6rvoT7w0W730S0Y6EqqRSo40mF4kCThAyl8FiSCh/s640/eurusd+fib+levels.png)
- EURUSD 4 Hour chart violating 50 period SMA. Closing below this line may give a good trade as it has done in the recent past.
- Last chart shows price moving towards 23.6% Fib level. Falling below this level may give a bigger fall for EURUSD.
- For bulls of EURUSD Need price to close back above 50 period SMA to avoid a fall.
- GLD CHART ANALYSIS
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