XAUUSD
The Golden Bulls came charging in after US CPI posted
negative numbers last night. And now prices are above the MA (green line).
With Strength Bar posting 70% bullish, the rest of the week may see an extension of the bull swing aiming for TP1 and TP2 (yellow lines).
The grand-daddy of cryptos, Bitcoin, had a promising early week, and with US CPI negative numbers acting as the impetus to drive prices up and above the MA line.
Although current prices are above TP4, and Strength Bar
posting 70% bullish, most likely target to end the week is the nearest high of
52946.73 .
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