Will The EUR React To Yestarday's Greenback Move? The PPI (AUS) - On Tap.
GOLD: Gold broke the 657.90 resistance level. Gold is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands have tightened. Today, we should expect to see a bullish configuration. 1H, 4H Elliott pattern implies that the Gold should gather momentum also today. The target is expected at 659.00 and forex traders may find several opportunities for taking profits today.
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