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As long as DAX holds above 23,600, the index is likely to maintain its bullish tone
A break above 23,900 could clear the path toward 24,050. A drop below 23,450, however, may shift momentum in favor of sellers.
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Overbought conditions persist, but the Momentum indicator has flattened, hinting at a possible pause or consolidation.
Key Levels to Watch:
Support: $2,828.90, $2,812.60, $2,800.00
Resistance: $2,845.60, $2,860.00, $2,875.00
#XAUUSD#GOLD
EUR/USD has seen traders quickly add to their short positions that were unwind before Christmas, triggering a meltdown to 1.0224 last week. With the oversold RSI, a bounce could unfold to 1.04 or even 1.0448 if the current European data adds to the momentum.
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