One of the biggest moves yesterday came from Gold, where prices dropped sharply through support at the open, and then moved sideways for the remainder of the session.
On the daily chart, notice that prices dropped hard, and are now approaching long-term support. The EMAs are giving little indication of future direction; they are essentially tied together right now.
The SPYs 10-day chart is looking very much like a rounding top, indicating further moves lower.
In contrast, the dollar rose sharpy yesterday on decent volume. Also note that prices are approaching key resistance levels. The EMAs are indicating further appreciation with all moving higher and the shorter above the longer.
