Gold Weekly Analysis
Last week Gold closed above Weekly resistance. This week Gold broke last weeks high and continued bullish breaking all time highs resulting in a +1000 pip weekly candle
USD CPI on Tuesday
USD PPI + Retail Sales on Thursday
USD Empire State Manufacturing Index + Prelim UoM Consumer Sentiment on Friday
If USD CPI is higher than expected on Tuesday then we could see the start of a Gold pull back
*Gold tends to retrace after making a new high.
GBPJPY Weekly Analysis
Weekly retested resistance and respected last weeks high before continuing bearish and breaking last weeks low
GBP Claimant Count Change on Tuesday
GBP GDP on Wednesday
This week GJ could continue its bearish pull back from the highs or form support to retest the highs
Check out the News Cheat Sheet 11th March for more scenarios
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