Daily Market Analysis

There's a 'Double Bottom', which has been confirmed, so the price is likely going to test the nearest resistance...

Last week, USD/CAD held above the strong daily support level.

On the daily chart, we expect the price of gold to fluctuate sideways within the Symmetrical Triangle with resistance and support marked by the blue line.

The market is likely going to test the nearest support at 1.1730. If a pullback from this level forms next, bulls will probably try to...

Recommendation: SELL 0…

A pullback from 1.3172 - 1.3143 could be a starting point for another upward price movement towards the next resistance...

There's no any reversal pattern so far. In this case, after a short break, the pair is likely going to test the next resistance at 1.1784...

There's a 'Thorn' pattern, which pushed the price higher. It's likely that the market is going to test the closest resistance...

We should keep watching the next resistance at 1.1776 as an intraday target...

It's likely that the market is going to test the next resistance at 1.3172 - 1.3216 soon. If a pullback from this area happens next...

The market is likely going to test the 34 Moving Average. If a pullback from this line happens next, bulls will probably try to reach...

We should watch the next resistance at 1.3172 as a possible starting point for a downward correction to 1.3081 - 1.3072...