Traders Edge: Market Briefing 22/11/21

In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups that we thought you’d find interesting.

Gold is in a correction mode aiming to test the 1836 USD/oz as a crucial support

Silver also dropped but here the price is still inside the flag formation

The DAX bounced off an important horizontal support. Covid fears in Europe have accelerated

The EURNZD is defending an important horizontal support with a head and shoulders pattern. The buy signal is still not here, we need to see the breakout of the neckline first

The EURUSD is struggling to defend the 61.8% Fibonacci, especially after the price failed to stay above the psychological barrier of 1.14

The EURPLN went vertical after the price broke from the ascending triangle to the upside

The USDMXN could do the same as the EURPLN, the price is testing the upper line of the triangle as we speak

The EURMXN is defending a crucial support inside of the giant wedge pattern. Soon we should see a decisive movement here