Gold Forecast – 23 July

Gold rebound of weekly S1 Support (1313) & makes bullish Englufine candle for the day. We are looking for swing Long Position near 1320-24 by placing stop below yesterday’s Low (1310). Weekly opening range high 1335 would be first target. Daily Close > 1335 shift focus on 1345 (weekly pivot) & 1358 (Brexit high). Ultimate […]

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Forex Forecast : July 22

EURUSD : Euro rebounded off confluence Fibonacci support at 1.0975/80 & heading into the release I’ll be watching this near-term formation with the risk weighted to the downside while below the weekly open / 38.2% Retrenchment at 1.1050/51. A break lower targets subsequent objectives at 1.0941,1.0909 & the 2016 open at 1.0872. A breach above […]

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