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Gold eyes move higher

STO

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XAU/USD is finding support, with the potential for the march higher to continue up to the 200 day moving average and year to date highs around the $1260-$1265 level.


EUR/GBP has been pushing lower for the last 10 days, with the next target being support at 0.8640, the 38.2% retracement of the rally driven by the GBP flash crash.


This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice.

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Source: https://www.stofs.com/en/newsroom/entry/TECHNICAL/-gold-eyes-move-higher
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