Hello Traders,
Let’s see what the market has for us this Wednesday:
1. GBP/USD
GBP/USD just broke a key support zone, we may see a retest before price drops to the next possible support level (1.35914)
2. XAU/USD
Though the overall trend on Gold is bearish, price seems to respect the current key support zone anytime price visits it.
If we do get a breakout, we may see price hit 1707.20 (my bias). We could also see price reverse and head back to resistance level 1736.74
What say you?
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