You may find the analysis on a daily basis with forecasts for the global daily forex gold technical analysis trend. The EURUSD pair resumed its positive trading to approach our first waited target at 1. The EURUSD pair closed the daily candlestick above 1. The EURUSD pair continues the attempts to breach 1.
The EURUSD pair shows new attempts to breach the key resistance 1. 1715, and we need to confirm breaching this level to activate the positive scenario that targets 1. The EURUSD pair fluctuates within sideways track without managing to confirm breaching any of the key levels represented by 1. The EURUSD pair attempted to breach 1. The EURUSD pair provides positive trades to start attempts to breach the key resistance at 1. 1715, and as we mentioned this morning, this level represents one of the next trend keys beside 1. The EURUSD pair shows attempts to breach 1.
1700 level now, which urges caution from the upcoming trading, as holding above this level will push the price towards 1. The EURUSD pair fluctuates around the bearish channel’s resistance, noticing that stochastic gets rid of its negativity gradually, to keep the chances valid to test 1. The EURUSD pair resumes its bullish rally to breach the first target at 1. 1705 and paves the way to head towards our second target at 1.
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After watching, please leave a comment below and share with other traders. Hey guys it’s Nial here from learn to trade the market and welcome to another trade setups video. In todays video i’m going to be talking about a huge gold trade setup we recently discussed in the members weekly trade setups newsletter and i’m going to talking about a potential trade setup on gold that I see setting up over the next few weeks. So firstly, lets have a look at the zoomed out daily gold chart. What’s interesting to note is that on the past 3 tests of this 1295 resistance, the price quickly reversed lower, but on this most recent move up to test that resistance, prices didn’t reverse lower, instead price started to consolidate right under that resistance.