Gold recently reversed up from the key support level 1560,00 (former strong resistance level which stopped the sharp uptrend in September).
The upward reversal from the support level 1560,00 continues the active impulse wave 3 – which belongs to the longer-term impulse wave (3) from November.
Gold is likely to rise further toward the next round resistance level 1600,00 (target for the completion of the active impulse wave 3).
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
The decline in EURUSD was driven by weak PMI figures, with France and Germany both…
Gold has reached record high in euro above 2600, and growing fast in dollar terms…
The crypto market is booming as the anticipation of regulatory changes grows. Bitcoin nears $100K,…
- GBPCAD broke support zone - Likely to fall to support level 1.7500 GBPCAD currency…
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