Gold continues to rise inside the short-term ABC correction (ii) – which started earlier from the support area located between the key support level 1200.00, 100-day moving average and the lower daily Bollinger Band.
This support area was further strengthened by the support trendline of the daily up channel from August and the 50% Fibonacci correction of the previous upward correction 2 from August.
Gold is expected to rise further and re-test the next resistance level 1240.00 (monthly high from the end of October).
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
This website uses cookies
