Equities: New extremes and a challenging opportunity set
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Technical Analyst, Saxo Bank
Summary: Saxo technical analyst Kim Cramer Larsson takes us through an analysis of gold and silver and explains what current patterns mean and what direction these precious metals are likely to go.
You can use Trade Signals on SaxoTraderPro to identify signals and directions on XAUUSD and XAGUSD.
Currently there is a Falling Wedge Break out on the daily time interval with “suggested” targets and stop levels.
And there are 11 other patterns emerging in the two metals: