GOLD: 'Shooting Star' at the 'Window'
It's likely to have a local downward correction towards the support by the last 'Evening Star'. The subsequent pullback from this level...
AUD/USD close to reach a demand zone
AUD/USD was one of the pair which posted strong gains across the board, with the Australian Dollar gaining momentum above the 0.7600 milestone. However, the pair is entering a consolidation phase that could allow a corrective move towards the Fibonacci area of 50% and 65%, between the 0.7596 and 0.7567 levels. Around that zone, we can expect demand for the Aussie in order to rally towards the -23.6% Fibo level at 0.7737.
RSI indicator remains in the negative territory.
Felipe Erazo
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