See also
With the appearance of the Failing Wedge pattern on the 4-hour chart, it gives an indication that in the near future it has the potential to go to the level of 3297.43 and if the momentum and volatility support it, Gold will continue to strengthen again to the level of 3343.81, but if on its way to these levels, there is suddenly a weakening correction that breaks through and closes below the level of 3201.44, then all the strengthening scenarios that have been described earlier will be invalid and automatically canceled by themselves.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
USD/CHF, Thursday, July 10, 2025 In addition to rumors of a planned Fed interest rate cut and falling US government bond yields, USD/CHF weakened today. Key Levels 1. Resistance
GBP/USD, Thursday, July 10, 2025. Rumors of the Fed's future dovish policy have created negative sentiment towards the USD, potentially helping the pound sterling strengthen again today. Key Levels
If the bullish momentum prevails, we should buy gold above the 200 EMA located at 3,324. The outlook could be positive, with the price reaching 3,450 in the short term
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