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Sellers on Gold Have Appetite for More
Published: Feb 26, 2021, 14:10 UTC
In today’s Traders Edge Market Briefing, Tomasz found these amazing setups we thought you’d find interesting!
In this article:
Buyers on Gold struggle to hold above the crucial support on 1765 USD/oz. If broken, the target is on the 1680 USD/oz and in theory, this level looks extremely solid.
Nasdaq finishes the head and shoulders pattern and is ready to break the neckline.
DAX is still fighting on pre-Covid February highs.
EURUSD with a sharp reversal but still with a positive sentiment.
NZDCAD with a potential very dangerous false bullish breakout.
EURCHF corrects the recent surge.
Two safe haven currencies, CHFJPY test the 117.7 again. As long, as we stay below, the sentiment is negative.
For a look at all of today’s economic events, check out our economic calendar.
About the Author
Tomasz Wiśniewskicontributor
During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.
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