Gold erased the mid-term sell signal that was coming from the breakout of the lower line of the flag and the Head and Shoulders formation. Instead of the, we do have n interesting rise at the beginning of the European session, driven by the smaller wedge pattern. Price closing a day and a week above the green area, will be a strong buy signal.
Cable is about to test the crucial long-term resistance for the second time. As long, as we are below, the sell signal is more probable here. The horizontal resistances is additionally supported by the mid-term down trendline.
FTSE broke the lower line of the wedge and went lower to test the super important horizontal support again. Price closing below the grey area will be a significant signal to open a short position. As long as we stay above, buyers still can have hope.