Please take a close look at the analysis and trade accordingly. Brian's personal view of the day (17-01-2025) (for the medium term) Current price +2715. "If the price stays below 2725, the next targets are 2700 and 2680 and above 2660." Good luck Please support us by liking and sharing the post.
The current XAUUSD chart shows gold holding its ground, demonstrating remarkable resilience at the critical support zone between $2,660 - $2,670. This area has consistently acted as a safety net for buyers, preventing any significant declines in recent sessions. The alignment of the 34-EMA (red) and 89-EMA (purple) just below the price further reinforces bullish...
OANDA:XAUUSD the CUP AND HANDLE is formed on the 1 hour chart. Therefore, we can expect that gold will soon conquer the previous high level and turn it into a new support for further price increase in the near future.
EUR/USD finds demand and retakes 1.0300 in European trading on Thursday. Risk-on sentiment and a softer US Dollar offset dovish ECB-speak and Eurozone's economic woes, offering some support to the pair ahead of ECB Minutes and high-impact US data. Sell EURUSD: 1,0300 - 1,0320 SL: 1,0365 TP: 1,0206 Note: TP, SL is full for safety and market victory!
Dear friends! Overall, in the last three sessions, JPY has shown significant strength compared to the USD, although even the recent USD has soared to the highest level in more than two years. However, JPY seems to be losing momentum when investors shift the concentration to the upcoming US consumer price index (CPI) data for December, expected to be announced on...