Hello Traders,
Let’s hit the charts
1. CAD/JPY
CAD/JPY is currently testing resistance level 80.573
A breakout may most likely encourage the bulls to push price to resistance level 81.407.
2. XAU/USD (GOLD)
Gold is playing within the consolidation band it broke out from last week.
If the bulls break through the consolidation band, 1838.97 maybe price’s next bus stop. If the bears take over price and we do get a breakout of support level 1803.34, price may most likely return to support level 1784.49
What say you?
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