I will start with my Gold chart. contrast it with Clives' comments and it seems he may have missed on that call. We'll know very soon.
http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=1&mn=0&dy=0&id=p10733132041&a=129519477
I think it is self explanitory. Note the momentum indicator nice bounce from the signal line.
Here is my usd chart. One can see what is meant about the MACD not being in a complete oversold yet.
http://stockcharts.com/h-sc/ui?s=$USD&p=W&yr=5&mn=0&dy=0&id=p97599357427
ECU is still pulling up the 21 to meet the 50. All positive indications at this point. The 50 seems to be the support level now. The game is never over.
Just my observations
Reg Mills