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Gold Spot is quickly approaching the support line of a Flag. We expect either a breakout through this line or a rebound.

The movement of Gold Spot towards the support line of a Flag is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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ASX 200 formed a Rising Wedge on the 4 hour chart. Retest of resistance in sight.

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After experiencing a 4.28% bearish move in the space of 26 days, nobody knows where GBPJPY is headed.

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