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Breakouts on Gold, Silver, Oil & Key Forex pairs - Weekly Outlook

From acysecurities.com

Last week: I'd questioned last week if there was more puff in this Christmas rally and this turned out to be the case! There were numerous trend line breakouts across Forex pairs, yielding many hundreds of pips, and stocks have continued with their rally. There have been new breakouts from long-term technical patterns on both the EUR/USD and Gold so watch for any follow-through with these. There are still two more trading days before month and year end so I'll be watching with interest, like the rest of the planet, to see if there is even more to run with this bullish 'risk on' momentum. This is my final weekly ... (full story)

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  • Category: Technical Analysis