I am of the bias that xauusd will rise till 2478 today if it remains above the pivot of 2450
This is the next move I am looking at for gold ...the has to be a retracement before it continues for the complete cycle of buyers and sellers to complete.
This is purely educational I see a drop till 2385 before it goes upto 2417 levels
Strong resistance pullback The price has deviated substantially from its long-term trend and risen to the strong resistance level. The technical pattern suggests a possible downwards correction. Entry :1844.50 Stop Loss :1849.27 Take profit :1837.17
BRENT Oil is about to break through the 200-period MA. If so, we expect a strong upward momentum up to $86.00 per barrel. 🔼Trade: Buy BRENT 🎯TP: 85.0, 86.0.
The pair is ranging. Currently, the price is bouncing off the upper range border. Thus, you might consider selling this pair. 🔽Trade: Sell USDCHF 🎯Targets: 0.9352, 0.9330, 0.9290
The price is consolidating above the 1831.00 support level, and it looks like buyers won't give it up. Thus, we expect the price to reverse toward the 1842.00 resistance soon. 🔼Trade: Buy XAUUSD @ 1832 🎯TP: 1842.00