GOLD
On H4, the gold has broken out both the local and the long term low at $1,236.50 with its new downward move. The further downward targets may lie in the post correctional range of 138.20 to 161.80% Fibo extensions, or between $1227.00 and $1220.80. The resistance is at $1265.90.
On H1, the price is start pulling back after a convergence. This pullback targets may be at the following Fibo retracement levels: 38.20% ($1,247.60), 50.00% ($1,251.10), and 61.80% ($1,254.60).
USD/CHF
The USD/CHF has broken out its latest key high on H4. The further rise targets may lie within the post correctional range between 138.20% and 161.80% Fibo, or between $1.0157 and 1.0220. The ascending trend is supported with 0.9851.
On H1, the USD/CHF is correcting towards 38.20% (0.9987), 50.00% (0.9963), and 61.80% (0.9938). The resistance is at 1.0068.
