GOLD: market to achieve 89 Moving Average

GOLD: market to achieve 89 Moving Average

There's a 'Triple Top' pattern, which led to the current consolidation. Also, we've got a bearish 'Thorn', which has been confirmed. Thus, the market is likely going to achieve the 89 Moving Average in the short term. If a pullback from this line happens little later on, bulls will probably try to reach the previously tested resistance at 1328.85 - 1331.82.



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AUD/JPY looks exposed

AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.

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