Gold is stuck in range

Since the beginning of the month(2 weeks now), Gols is stuck in a range between 1770 and 1790 (with some marginal spikes).
Is unlikely for Gold to stay so much in a 1% range and I expect big moves once this range is broken.
Looking at the chart, we have the first leg down from above 1860 under 1770 (1000 pips) and this recent rectangle could mean consolidation before continuation to the downside.
In conclusion, my bias for Gold remains bearish, but, XauUsd above 1800, although would not change my bearish opinion, would put a pause.

EurUsd should decide already

Since the recent low from 3 weeks ago, EurUsd is trading in a congesting range that looks like a symmetrical triangle.
Usually, this pattern is a continuation one, but considering the fact that December is statistically a weak USD month, we can have a break to the upside.
Such a break would not change the overall bearish trend, just lift some weight from Euro’s shoulders and a new leg a correction can follow.
1.15 zone could be bulls target with negation under 1.1220
Wait and see is my approach for this pair.

EurJpy- Expl for trade

Since 20 October, EurJpy fell hard, losing more than 500 pips.
However, since the beginning of December, the pair seems to have found support in 128 area (which acted as support in the past) and we can assist a corrective rally.
130 zone could be the target for such a correction and a new local low would negate this scenario.

AudUsd can rise to 0.73

In my last AudUsd analysis I had drawn the attention that 0.7 zone represents a strong demand zone and we can have a reversal from this point.
Indeed, the pair reversed strongly last week and at this moment is trading above August’s low.
I’m bullish on this pair as long as 0.71 support holds and dips towards this zone should be bought.
0.73 could be bulls target.