Overview:
In recent analysis, the CHFJPY pair has shown signs of potential upward momentum. However, while bullish sentiment may prevail, it's essential to exercise caution due to the possibility of retracements, or even deep retracements, along the way.
Reasons for Upward Momentum:
Safe-Haven Dynamics: The Swiss Franc (CHF) and Japanese Yen (JPY) are both...
This is purely just my analysis
Gold is having a good momentum from Bulls to push the price higher, but we can't exclude the Bears to push the price downward towards the previous lows (2017). So markup your resistance and prepare for downward momentum. Currently I am standing with the Bulls.