XAUUSD – Gold Daily
Supports : 2630.00 , 2620.00 & 2600.00
Resistances : 2675.00 , 2685.00 & 2710.00
As long as 2630.00 support holds, we can see aggressive move Up towards 2800.00 area.
If 2620.00 lost, we’ll be watching deeper correction.
Above mentioned Resistances are projections based on previous Upticks and Bullish angle.
US Data was only slightly disappointing.
Among the holidays today which include National No Sugar Day, National Poetry Day, Bring Your Bible To School Day, and National Wide Awake Day, it is officially National Buy British Day. That certainly must support my earlier observation about some metrics and neural conditions being strong on the buy side of GbpUsd.
So that pair simply must go up.
Taking bets
how long … before harold gets slammed ?
The Profane 78-Year-Old Leading the Dockworkers Strike
‘They won’t be able to do anything in this country without my people,’ port union chief Harold Daggett says in setting audacious targets in a coastwide strike
US500 4 HOUR CHART – Consolidation or retracement?
Retreat from the record high so far holding off a serious retracement by staying above the 5772 line.
With a Geopolitical cloud hanging over markets and Friday’s US jobs report looming, keep an eye on 5700 as that will likely set the tone.
No matter what, the Middle East risk should keep stocks cautious into the weekend.
© 2024 Global View