WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
Prices still moving inside the ascending channel and trading currently at levels of 1.2987,
The pair has fallen in the beginning of trading day after failing to penetrate 1.1210.
Prices managed to break through resistance level at 49.60$, we expect further rising
Currently prices testing the trend of broken expanding wedge, and pulled back from it,
The level of 1246$ provided a support for gold prices, and currently expect further rising for testing resistance
The pair has risen since the beginning of trading day bouncing higher from support level at 143.36
Currently prices are trading near resistance level at 124, exceeding this level would send prices
The pair has fallen back since the beginning of trading day after failing to break through resistance level at 0.69. current support will be at 0.6860 then 0.6815. while levels of 0.69 and 0.6945 would provide resistance for prices in the way up.
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