• Gold reversed from support level 1765.00
• Likely to rise to resistance level 1805.00
Gold earlier reversed up from the support level 1765.00 (former minor resistance from the end of November).
The support level 1765.00 was further strengthened by the nearby 50% Fibonacci correction of the upward impulse wave (i) from the end of last month.
Given the improving sentiment across the precious metal markets, Gold can be expected to rise further toward the next resistance level 1805.00 (former top of waves (ii) and (i)).
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
This website uses cookies