• Gold broke strong resistance level 1832.00
• Likely to rise to resistance level 1860.00
Gold recently broke above the strong resistance level 1832.00 (which has been reversing the price from the middle of July), intersecting with the 61.8% Fibonacci correction of the ABC correction (2) from the end of May.
The breakout of the resistance level 1832.00 accelerated the active minor impulse waves (iii) and 3.
Gold can be expected to rise further toward the next resistance level 1860.00 (former support from May and June).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies