• Gold broke key resistance level 1875.00
• Likely to rise to resistance level 1920.00
Gold continues to rise after the earlier breakout of the key resistance level 1875.00, which was set as the likely upward target in earlier forecast of this instrument.
The breakout of the resistance level 1875.00 should accelerate the active short-term impulse waves iii and (iii).
Gold can be expected to rise further toward the next key resistance level 1920.00 (target for the completion of wave (iii), intersecting with the daily up channel from September).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- 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…
This website uses cookies