Wednesday, 25 August 2021

Mid Week Review 25 Aug. 21

 XAUUSD


The Golden Bulls came early in the week but ran out of steam by midweek. The Strength Bar has changed to 70% Bearish and, with TP3 not within reach, its going to be another consolidation week for XAUUSD.


USDCHF


The Swissy Bears got bumped by some bulls on Tuesday and formed a tweezer bottom at TP2. The Strength Bar has also changed to 70% Bearish. Most likely that USDCHF is having another consolidating week.




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