We observe that GBP/USD has penetrated the
three moving averages (21-50-200) last week
and surged significantly, driven by a
substantial influx of buyers. This has pushed
GBP/USD even higher, breaking through the
level depicted in blue as new buyers entered, making it a new buying area. Despite forming
multiple highs and lows, a correction ensued
due to the exit...
Gold created a downtrend when it reached the highest price in the first week of December. Last week, gold broke the downtrend and has already achieved 50% of the target. It then experienced a correction down to 2016. Now, we expect gold to move upward in the coming week.(my goal is 1999)
Gold created a downtrend when it reached the highest price in the first week of December. Last week, gold broke the downtrend and has already achieved 50% of the target. It then experienced a correction down to 2016. Now, we expect gold to move upward in the coming week to 1999.
