GOLD: up to $1,600?
Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
EUR/GBP: bullish momentum has declined
Information is not investment advice
EUR/GBP formed a candlestick with a long upper wick on W1 - a bearish sign. Daily Awesome Oscillator is going down. The pair formed a lower high and may slide to 0.8890 and 0.8860 (23.6% Fibo of May-June advance). Only above 0.8930 the pair will be capable for a small upside.
Elizabeth Belugina
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Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
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