Gold: Headed for 11/1080 or stuck in range? - FXStreet

FXStreet (Guatemala) - Omkar Godbole, Editor and Analyst at FXStreet, gave a snapshot outlook on Gold.

Key quotes:

"The odds are more in favor of a decline to USD 1100‐1080 till April‐May 2015."

"A sharp rally to USD 1300 is highly unlikely in the near term."

"The metal could remain stuck in the range of USD 1150‐1240."

EUR/USD consolidates near multi-year lows

EUR/USD failed to sustain intraday gains and pulled back to the 1.0840 zone at the beginning of the American session following a short-lived recovery attempt.
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