Gold has steadied 5/26

Gold has steadied at around $1,730 a troy ounce, as it faces the headwind of easing lockdowns and improving economies. But most analysts believe gold is just consolidating after recent gains and will continue to find support from U.S.-China tensions and low real interest rates. "For as long as gold holds its own above the $1,700 mark, we believe that the price is merely taking a breather within an intact upwards trend," said Carsten Fritsch at Commerzbank in a recent note. Spot gold is last down 0.1% at $1,727.15 an ounce. Investor interest in the precious-metal also continues to be strong, says Ole Hansen, commodities strategist at Saxo Bank, citing CTFC data showing investors added 12.3 thousand lots to their net long futures position last week.

EUR/CAD forex chart

	The following assumptions that have been made: - At least 20 pip forecast - The key level and chart pattern were at most 5 candles apart at time of identification

	Symbol : EURCAD

Direction : Identified time : 2020-05-21 16:01 BST Breakout price : 1.52525 Forecast price : 1.52171 Forecast pips : 35 Probability : 71.04 %

Pattern : Channel Up Interval : 60 Min Pattern : Support Interval : 30 Min

XAU/USD chart

Symbol : XAUUSD

Direction : Identified time : 2020-05-15 11:30 BST Breakout price : 1730.44 Forecast price : 1727.69975 Forecast pips : 274 Probability : 68.32 %

Pattern : Channel Up Interval : 15 Min Pattern : Support Interval : 15 Min

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EUR/AUD chart

	Symbol : EURAUD

Direction : Identified time : 2020-05-14 20:30 BST Breakout price : 1.67216 Forecast price : 1.66741 Forecast pips : 48 Probability : 67.61 %

Pattern : Rising Wedge Interval : 30 Min Pattern : Support Interval : 30 Min