GOLD: 'Tower' pushing price to 'Window'

GOLD: 'Tower' pushing price to 'Window'

The last bullish 'Tower' led to the current upward price movement. However, we've also got a bearish 'Harami', which hasn't been confirmed yet. Therefore, the market is likely going to test the upper 'Window' (1328.48), which acted as resistance before. The subsequent pullback from this level could lead to a local decline towards the 55 Moving Average.



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The outlook for the GBP

The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?

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