The 100-day MA at 1.26599 was broken with a high reaching 1.2678. Momentum higher has faded. |
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…but the support floor stalls the fall. What next going into the new trading week?
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#gold #xauusd #technicalanalysis
In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:38 Technical Analysis with Optimal Entries.
2:01 Upcoming Catalysts.
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Website: https://www.forexlive.com/
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#trading #futures #commodities
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The high price in USDCAD from November at 1.4177 stalled the rally
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Support at 0.8536 and resistance at 0.8619. Awaits the next shove.
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The price of the USDCAD tested a swing area and is backing off a little.
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