Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: 'Pennant' pattern
GBP/USD: 'Pennant' pattern

The market is likely going to achieve the next resistance at 1.3172 - 1.3212 within the next few hours...

Gold will continue to consolidate
Gold will continue to consolidate

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.

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