Gold Talking Points: Gold prices put in a massive breakout on Tuesday to set a fresh yearly high. Gold has since found resistance just inside of the $2,050 level on Wednesday and that’s led to a pullback on Thursday. Tomorrow brings the Non-farm Payrolls report on Good Friday, which means potential for holiday-thinned liquidity. Can […]
The post Gold Price Forecast: Gold Pulls Back – Can XAU/USD Bulls Hold 2k appeared first on Action Forex.
Daily Pivots: (S1) 192.37; (P) 192.70; (R1) 193.11; More… GBP/JPY’s break of 193.01 resistance argues that fall from 198.94 might have completed, ahead of 188.07 support. Corrective pattern from 180.00 is probably extending with another Read more…
Daily Pivots: (S1) 162.13; (P) 162.63; (R1) 163.06; More… Intraday bias in EUR/JPY remains on the upside for 164.89 resistance. Firm break there will resume the rise from 156.16, as another leg of the corrective Read more…
Daily Pivots: (S1) 0.8422; (P) 0.8441; (R1) 0.8452; More… Intraday bias in EUR/GBP remains neutral for the moment, and more consolidations could be seen below 0.8472. Outlook will stay bullish as long as 0.8403 support Read more…