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MARKET ANALYSIS

The movement of XAUUSD towards 2617.9399 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

BRN/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for

EURUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we

NAS100 has broken through a resistance line of a Triangle and suggests a possible movement to 20917.5509 within the next

XAUUSD has broken through the resistance line which it has tested twice in the past. We have seen it retrace

NGC/USD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see

The breakout of BRN/USD through the 72.6370 price line is a breach of an important psychological price that is has