Opportunistic Wednesday presents us with GBP/USD & XAU/USD

Hey traders,

Let’s see what the charts have for us this Wednesday.

 

 

1. GBP/USD

GBP/USD spent the entire day trying to break resistance level 1.40832

If the Tuesday daily candlestick closes above the 1.40832 resistance level, then for Wednesday we may be looking out for bullish opportunities, having in mind that our next target would be 1.42213.

 

 

2. XAU/USD (GOLD)

Gold is still heavily bullish, though price spent the entire day between the 1815.96 and 1795.47 resistance and support level.

Personally, I will be waiting for price to break the 1815.96 level, before joining the bulls to our next possible resistance level (1843.70)

 

What say you?

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