Good day!

On Friday’s EUR/USD chart a white candle has formed on a side of the broken triangle, absorbing half of the black one. This asset could indicate a potential jump when the markets open:

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Based on the latest data by COT CFTC, large operators keep expanding long positions and decreasing the short ones. At that, the net position (Long-Short) continues to grow as it has for many weeks so far. This position has now reached the new maximum of 86,617. A possible indicators that that the market could grow:

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In the weekly chart, gold price has formed a shooting star, which is currently touching the resistance level of 1703.00. This means that next week gold could drop:

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As can be seen from the daily chart, the asset might first target the middle point of the shooting star, that is, the level of 1703.00, and then potentially drop:

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The price of British pound remains at the level of 1.2485, forming a slightly bullish engulfing pattern that can make the prices jump till the 1.2770 level:

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Let us remind you that this material is provided for informative purposes only and cannot be considered as a direct go ahead to implement transactions in the financial markets. Trading in the financial markets is very risky.