Consolidating Thursday presents us with USD/CAD & XAU/USD

Hey traders,

let’s hit them charts:

 

 

1. USD/CAD

USD/CAD has given us a nice breakout, and price is currently at the pull back stage.

All I am looking out for is a confirmation to sell, and my next possible support level would be 1.24754

 

 

2. XAU/USD (GOLD)

Gold may be on its way back up to resistance level 1795.59 if the current resistance level (1748.57) is broken.

We should ensure we get a bullish confirmation before engaging this metal, because there is also a probability that price may bounce within the key support zone

 

What say you?

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