Key Highlights Gold started a fresh surge and traded to a new record high above $3,130. It broke a major contracting triangle with resistance at $3,025 on the 4-hour chart. Bitcoin is still struggling to start a fresh increase above the $85,000 resistance zone. EUR/USD is eyeing more gains above the 1.0850 resistance zone. Gold […]
The post Gold Breaks Previous Highs—Is $3,200 The Next Target? appeared first on Action Forex.
Daily Pivots: (S1) 0.9352; (P) 0.9381; (R1) 0.9428; More…. Intraday bias in EUR/CHF stays neutral and outlook remains bearish with 0.9408 resistance intact. On the downside, firm break of 0.9204 low will confirm larger down Read more…
Daily Pivots: (S1) 0.8518; (P) 0.8551; (R1) 0.8570; More… Outlook in EUR/GBP is unchanged and intraday bias stays neutral. More consolidations could be seen below 0.8737 short term top. Further rise is expected as long Read more…
Daily Pivots: (S1) 1.7659; (P) 1.7800; (R1) 1.7937; More… Outlook in EUR/AUD is unchanged as consolidation continues below 1.8554 short term top. Downside of pull back should be contained by 38.2% retracement of 1.5963 to Read more…