Gold is growing at the level of 1836 Stoch is overbought condition and there is possible retest at the nearest lower level which is 1809.
other point of view it can reach up to the level of 1848 and again retest the nearest lower level which is 1820. ( Due to overbought condition )
CADCHF is showing bullish market and not overbought it will continue move towards the level of 0.7348 on next trading session.
Analysis - Stoch is showing market is bullish and not overbought./RSI is in no trading zone at the point of 59 which is very risky to trade and market if CADCHF pair is moving toward the next higher resistance at the level of 0.7348.
Possible short selling in XAUUSD b/c Stoch shows oversold condition in 4Hr time frame and target is near 1809.
Another analysis is after reaching 1809 point XAUUSD may continue its current trend and it will reach the 1866 level.
The EUR/USD pair fails to reach lower point at 1.12872 and consolidate at the level of 1.12900 and above the buying pressure is increasing and their is chance to buy at bottom of trend which is strong zone of support in 4Hr time frame.
If it breaks the level of 1.13110 then the next target is 1.13578 which is acting as a resistance level for the 4Hr time frame....
