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Gold is currently consolidating, and traders are looking for buy opportunities around the 3320 zone. A strong signal in this area could trigger the next bullish move.
After the recent correction, GBPUSD is showing signs of stabilizing. If the current pullback holds, the pair could be setting up for a new bullish wave. Traders should keep an eye on key support levels as confirmation, as a breakout to the upside may open the way for further gains.
The pair has resumed its bullish momentum, suggesting further upside potential in the coming sessions. Traders may look for buying opportunities as long as the current trend structure remains intact.
After a strong corrective move, GBPUSD is showing signs of recovery. The recent decline may have completed an ABC corrective wave pattern, indicating that a new upward move could be underway. Traders should monitor for bullish confirmation signals to join the potential uptrend.
rom the Elliott Wave viewpoint, the current pattern suggests a potential completion of the triangle formation. To confirm this scenario, a breakout above the bd trendline is required.
Gold is expected to rise this week. Traders should stay alert for clear buy signals before entering the market.
USDCHF is likely to continue its bearish momentum in the coming week. Technical signals suggest that the pair could drop further, potentially heading toward the 0.779 support zone. Traders should monitor for confirmation signals before entering short positions.