Markets on the knife edge again.

There are two important points that technicians pinpointed:

1. If the USD index closes above 81.0, it will then take off to 84.0. and

2. If gold closes above 1,727 then it will rally further.

Today, the US Dollar Index closed at 81.03 and gold closed at 1730.9 Yet, there is no real sign of rally in either. There was an article in BARCHART, indicating that the European debt crisis is easing and they expect the Euro now to rise. I guess they put the fires out in Athens till the next riot.