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: 'Window' acted as resistance
Information is not investment advice
The upper 'Window' has acted as resistance, so there's a 'Shooting Star' pattern, which has been confirmed. It's likely that the market is going to reach the nearest important support at 1294.31 in the coming days. The subsequent pullback from this level could be a starting point for an upward price movement towards the previously tested resistance at 1331.05.
Galya Svetlova
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