Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook
Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs
Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery
Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks
USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks
Technical analysis:
Gold has been trading upside as I expected and I found breakout of the mini downside Pitchfork channel, which is good sign for the further growth.
Due to the strong upside pressure in the background and breakout of the key supply trend-line, I see potential for further growth towards the bigger Pitchfork median line.
Watch for the potential buying opportunities with the upside objectives at $1.900 and $1.965
Booth faster and slower Stochastic are showing bull continuation...
Key support is set at the price of $1.780
Relevance up to 09:00 2022-12-15 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
