• Gold reversed from support area
• Likely to rise to 1930.00
Gold recently reversed up from the support area located between thelong-term support level 1865.00 (which has been reversing the price from August) and the lower daily Bollinger Band.
This support area was further strengthened by the 50% Fibonacci correction of the upward price impulse (5) from the start of June.
Gold is likely to rise further toward the next resistance level 1930.00 (which reversed the price twice earlier this month).
- 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…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies