Hello Traders,
Let’s quickly look at the charts before we call it a week.
1. XAU/USD (GOLD)
Gold has broken a key resistance level 1469.62.
If 7 pm confirms the bullish breakout, we could see price hit 1492.08 as the next possible resistance level.
2. EUR/CHF
EUR/CHF on the daily time frame has an ascending channel pattern.
I will be watching out how the daily candlestick closes today before I make any decisions.
Another thing to note is that: We are looking at a daily chart, there is a huge tendency that nothing much MAY happen as we have just 24 hours before the market closes.
Alright ladies and gentlemen, it’s a wrap for the week and I wish everyone a fab weekend.
Join us again on Sunday, where we breakdown the market for the week.
Adios!!!
