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Spicypips

Is SPX500 Poised for an Upward Movement?OANDA:SPX500USD Daily Chart Current Price: 5,812.8 Analysis: Falling Broadening Wedge: Upon analysing the daily chart, the price is forming a Falling Broadening Wedge pattern, which typically indicates a continuation of the prevailing trend. This pattern often suggests increasing volatility, leading to a potential bullish breakout if the price breaches resistance levels. Support Levels: • 5,703.1 • 5,625.0 Resistance Levels: • 5,937.5 • 6,015.6 • 6,097.0 Happy Trading! Stay tuned for further updates and insights.
OANDA:SPX500USDLong
by SpicyPips
Updated
11
Market Outlook and Strategic Trading TargetsOANDA:XAUUSD 1H Timeframe Current Price: 2657.180 The market is currently experiencing significant consolidation between the levels of 2604.352 and 2685.340. These are critical levels to consider for trading strategies. (Bearish Targets) 2656.250 2636.719 2617.188 (Bullish Targets) 2666.000 2675.781 2685.340 Happy trading!
OANDA:XAUUSD
by SpicyPips
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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