Good day,

The price of American stock index S&P500 is forming dojis for the 3rd day in a row, compressing the spring. We feel that this asset might either break it through and jump or target the level of 3959.00 and potentially gain the required support.

Having broken the flag, the British pound is heading up. In principle, the pullback is complete therefore the asset might potentially target the level of 1.4200.

Gold has pulled back to the broken level of 1767.00. It is currently forming the dojis, signifying the potential jump and the move aside from the support. Let us remind you that the asset started ascending move from the double bottom that has formed earlier. This bottom is a very strong figure, signifying the potential trend reversal.

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