• Gold reversed from support level 1652.00
• Likely to rise to resistance level 1675.00
Gold recently reversed up from the key support level 1652.00 (which stopped the previous impulse wave (i) at the end of September), intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 1652.00 stopped the earlier short-term impulse waves (iii) and 3.
Given the oversold reading on the daily Stochastic, Gold can be expected to rise further toward the next resistance level 1675.00.
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
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"/>)
