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AUDUSD Chart Evaluation: Downtrend Expected to Resume After Bounce

AUDUSD CHART ANALYSIS: BEARISH Australian Dollar bounce seen as corrective within broader downtrend Invalidating bearish bias needs a breach of resistance above 0.71 figure Weekly chart positioning implies downside objective near the 0.67 mark Get help building confidence in your AUDUSD strategy with our free trading guide! The Australian Dollar has managed a tepid recovery […]
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Gold Price Weekly Outlook: Breakout Stalls at Multi-year Resistance

Gold Price Weekly Outlook: Breakout Stalls at Multi-year Resistance Gold prices rallied for a fourth-consecutive week with the advance now testing the 2016 resistance slope. These are the levels that matter on the XAU/USD weekly chart. Gold prices are up more than 0.7% this week and marks the fourth consecutive weekly advance in XAU/USD. The […]
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