Traders should consider watching MSFT for a trend reversal opportunity should historical resistance levels hold. Currently, trend reversal opportunity is indicated by Kalman filter crossover as MSFT hits a historical resistance level. Should resistance hold, we can expect MSFT to drop down to between 325 and 350 price targets.
XAU USD going to the moon after bounce on historical support levels due to US/Eurozone inflation news as well as news of China's recent economic problems all pointing to future gold price increases as investors look to dump their expendable cash reserves into hard inflation resistant assets.
