An overview of the most interesting investment opportunities is a daily cycle of analyzes under the patronage of the Tickmill broker, in which we present the most interesting possible investment setups every day based on Price Action techniques.
Looking at GOLD prices, we notice that according to my previous projection, as a result of recent declines, the rate slid to around 1240$, where today the first demand reaction has already appeared. If only this support is rejected, in the near future we could expect at least an upward correction, for which the possible range is even around the level of 1265$ and 38.2% of the Fibonacci correction.
The current situation on the EURNZD is equally interesting, as a result of the almost continuous growth since mid-June this year, the rate reached the area around the upper limit of the growth channel. Considering that during the increases there was no major correction, possible rejection of currently tested resistance could open the way for at least a rebound, for which the potential range is even around the level of 1.6950.
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