Pairs in Focus - Gold, EUR/GBP, Silver, WTI Crude Oil, EUR/USD, GBP/USD, NASDAQ 100, USD/MXN
From dailyforex.com
Everybody in the world is watching the precious metals markets at the moment, and gold, of course, continues to attract a lot of interest. Quite frankly, I’ve had a bit of a problem this week trying to catch short-term dips and take advantage of the overall trend. With this being the case, you should pay attention to the $4400 level because it’s been an area that buyers have defended a couple of times over the past 3 or 4 weeks. I do believe that we are eventually going higher in the gold market before it’s all said and done, with a potential target of $4900 based on the “measured move” of the ascending triangle. The ...
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