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4/12/2021 7:34:55 AM GMT GOLD has come to the point where it will be either continuation to the upside or move lower. At this point it is looking bullish. Consolidation between the ascending trend line and flat top has almost come to an end. Vortex of the consolidation pattern should soon break. V Shaped reversal brought the price higher and the 1740 zone should support the bulls. If we see the breakout first target will be 1751 followed by 1762 and 1779. As long as the price is above 1725, bulls are in control. Break below 1731 and we will see the breakout to the downside. The analysis has been done with the CAMMACD.Core System. ....
4/6/2021 7:56:31 AM GMT Gold is retracing mostly because of the AUD strength. The market went to resistance and I expect bearish continuation. 1738-1746 zone should provide us with bearish rejection. W H3 is an additional level which provides confluence to bearish gold outlook. 1-2-3 pattern is in play. Targets are 1725 followed by 1714, 1699 and eventual retest of 1672. I don’t expect all targets to be hit at once but possibly during the week or next week. The analysis has been done with the CAMMACD.Core System. For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel. ....
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USD/CHF retreats to 0.9413, down 0.07% intraday, during early Good Friday’s sluggish markets. In doing so, the pair sellers attack an ascending suppor ....