USD/RUB Likely to Face Resistance Soon
The price of USD/RUB got back to the resistance zone formed between the levels 78.00 and 78.50 and might drop soon. Of course, the asset’s price might also test the psychological level of 80 against the recent news. However, it is likely to target the resistance zone between the levels 78.00 and 78.50.
Gold did not react to the formed downtrend and made the breakout, jumping up. As of now, the price of gold is approaching the level of 1919.00 and should face the resistance away from which it might pull back and drop. Should the gold choose to head South, it might have to test the broken downtrend. So, it could be worthy to see what is about to happen next.
Brent oil has pulled from the resistance area formed between the levels 96.00 and 97.00 and dropped. Gold might either drop or retest the resistance area at the beginning of next week. The price of gold should drop till the supporting level of 86.70.
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