Gold today broke the resistance area lying between the resistance levels 1430.00 and 1450.00 – which has been reversing the price from the end of June.
The breakout of this resistance area should accelerate the active impulse waves 3 and (3).
Gold is expected to rise further and retest the next round resistance level 1500.00 (target price for the completion of the active impulse wave 3).
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- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
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- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
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