• Gold broke key resistance level 1725.00
• Likely to rise to resistance level 1765.00
Gold recently broke the key resistance level 1725.00 (previous monthly high from September and October).
The breakout of the resistance level 1725.00 was preceded by the breakout of the daily down channel from the start of May – which accelerated the active impulse wave (c).
Gold can be expected to rise further toward the next resistance level 1765.00 (target for the completion of the active correction (ii)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies