USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
GOLD: 'Doji' and 'Tower' patterns
Information is not investment advice
The lower 'Window' has acted as support, so there're the 'Doji' and 'Tower' patterns. It's likely that the price is going to test the nearest resistance at 1312.93. The subsequent pullback from this level could lead to another decline in the direction of the 89 and 144 Moving Averages (1268.21).
Galya Svetlova
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