Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ALB has a tentative trend line from mid-July. A negative divergence occurred between price and RSI and the price broke below the trend line.
If the price does not break above the R1 level, we may see a decline around S1.
Gold continues to bear bearish signs, now the price has managed to retest the 1715 level with the RSI in balance.
If the price does not break above R1, we may see a further move down until 1618 Fibonacci level.
EURGBP has been trading in a range for a month and a half. Now the price breaks above the 0.8525 level with bullish signs, now the price seems to have found resistance at the 0.86772 level with declining momentum.
If the price failed to break above this level, we may see a corrective wave up to the previous level at 0.8525.