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Resistance Confirmed at Measured MovesAn upside target zone was reached this week, where resistance developed. Two measured moves completed at that level, highlighted as rising ABCD patterns on the chart. The bearish response that followed indicates the market recognized the zone. Despite the reaction, underlying buying pressure remains evident as gold continues to hold near record highs. Still, the shooting star trigger and consecutive lower highs and lows highlight the potential for a deeper pullback befo ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

FX Empire Logo English check-icon Italiano Español Português Deutsch العربية Français Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial ...