• 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)).
US Total retail sales rose 1.4% in March, beating the expected 1.3% after rising 0.2%…
The crypto market capitalisation decreased by 2.6% in 24 hours due to the announcement of…
Gold: ⬆️ Buy - Gold broke resistance zone - Likely to rise to the resistance…
GBPUSD: ⬆️ Buy - GBPUSD broke key resistance level 1.3200 - Likely to rise to…
Platinum: ⬆️ Buy - Platinum reversed from support level 905.00 - Likely to rise to…
USDJPY: ⬆️ Buy - USDJPY reversed from long-term support level 142.00 - Likely to rise…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="479px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
