GOLD: price fixated below the 'Window'

GOLD: price fixated below the 'Window'

Information is not investment advice

The price has fixated below the 'Window' and the 89 Moving Average. At the same time, there's a bullish 'Hammer', which hasn't been confirmed yet. Thus, it's likely that the market is going to test the next support at 1258.77. The subsequent pullback from this level could lead to the beginning of an upward correction towards the previously broken 'Window' (1282.11).




GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

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