Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
I can see at a least a triple MACD-divergence on AUD/USD - 4-hour chart. Its also overbought on the daily and on the weekly chart. I know it broke above 0.9080 last week. But will it start turning downwards sometime soon?
Kind regards,
Raczka
We saw some crazy movements yesterday (wednesday) during the day and after the FOMC. Do techs still suggest Eur/usd to head south and break below 1.46 this week? Or at least some correction?
Kind regards,
Raczka