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Thank you for taking the time to follow our research. Our goal is to deliver insights that help traders increase their odds of profitability by identifying risks and opportunities. To trade with Unum Capital, email   lester@unum.co.za This page is updated on a continuous basis (pre-market & real-time) Resource Centre (Strategy) Considerations When Evaluating A Technical Trading Opportunity Tool of the Trade: Real-Time Example Automated Insights: Northam Platinum As A Real-Time Example Tool of the Trade: Real-Time Examples B.A Tobacco  | Gold Shares  | Impala Platinum  | Absa  | Discovery To access a note, click on the text/link Week Commencing: 20 January MTN GROUP +R25 Rally / Now Short Term Overbought / Updated Model Reading During The Last Session, Buyers & Sellers Were Most Aggressive In These Shares SPDR S&P Oil Exploration & Production ETF (XOP) SA Equities: Trading Commentary (Full Coverage) Trading BHP Group (+Price Action Model) USD/ZAR The 50/75-EMA Range (R18.23 to R18.36) Is A Best Probability Support Zone MONDI Plc Buy/Long Idea Currently In The Money (+1300c) EUR/USD Attempting A Bullish Reversal Following An Aggressive Sell-Off Kumba Iron Ore: Technically Extended vs YTD Anchored VWAP SPOT GOLD Retreating In Line With Model Reading. Consolidation Phase Expected USD/ZAR Bearish Reversal In Line With Model Reading (R19.21 to R18.63) JSE Top 40 Index Now Higher By Over 2600 Points. Well Done Traders TECHNICAL SUMMARY See Which Shares Are Overbought/Oversold On A Weekly Time Frame JSE RELATIVE SECTOR RATINGS Banks, Consumer Discretionary, Gold Miners, Technology & More Anglo American Platinum: Continuation Buy/Long Triggered Above… MTN Group: Bullish Trend, But Risks A Short Term Pullback Naspers: Long & Short. Here's How Unum Capital Clients Were Prepared Over The Last Five Sessions, Buyers & Sellers Were Most Aggressive In These Shares [Global Ideas] Reviewing Nike, This Is What I See [Global Ideas] Brazilian Equities Offer Relative Value + Will Benefit If Cyclicals Are To Rally Merger Talks Support Model Reading: Glencore Plc & Rio Tinto FTSE 100 Index Re-Emerging Strength + Exposure To Cyclical, Undervalued Sectors Boxer’s Base Reminds Me Of … [Global Ideas] EOG Resource: Strong Price Action In A Consolidation Range 'Scoop n Score' With The iShares Global Healthcare ETF Trade Setups via Strategy Screens SA Equities: Trading Commentary (See: BHP Group, Richemont, Exxaro, MTN & More) Published 02 - 17 January 17-Jan Trade Idea: Aspen Pharmacare 17-Jan SA Equities: Trading Commentary (Full Coverage) 16-Jan Trading Harmony Gold? Here's What You Need To Know 16-Jan Spot Gold (XAUSUD): A Bullish Trend But Caution In The Short Term 16-Jan MTN Group: Over the Six Months, The Share Has Rallied By 36% 16-Jan Richemont: The Share Price Has Since Risen By 34% 16-Jan SA Equities: Trading Commentary (Full Coverage) 16-Jan Manage Risk + Make Money: How Unum Capital Clients' Benefit From Timely Views (Top 40 Index) 16-Jan JSE RELATIVE SECTOR RATINGS Technology, Consumer Staples, Healthcare, Diversified Miners & More 16-Jan USD/ZAR Bearish Reversal In Line With Model Reading 16-Jan U.S. 10-YEAR BOND YIELD Easing Core Inflation Reverses Overbought Bond Yields 16-Jan During Yesterday's Session, Buyers & Sellers Were Most Aggressive In These Shares 16-Jan JSE TECHNICAL SUMMARY Top 10 Strongest/Weakest 15-Jan ACTIONABLE AREAS Spar Group | Northam Platinum | Shoprite Holdings 15-Jan OLD MUTUAL: Oversold + Approaching Prior Swing Low 15-Jan MTN Group: Pattern Profits. In The Money By +1500c   15-Jan SA Equities: Trading Commentary (Full Coverage) 15-Jan JSE TECHNICAL SUMMARY Top 10 Strongest/Weakest 15-Jan During Yesterday's Session, Buyers & Sellers Were Most Aggressive In These Shares 15-Jan Discovery Ltd: Relative Distribution Phase + MACD Bearish Crossover 15-Jan   iShares Europe ETF 14-Jan Copper Futures: Your Questions Answered 14-Jan Actionable Areas: Absa Group 14-Jan SA Equities: Trading Commentary (Full Coverage) 14-Jan JSE Top 40 Index: 200-day Breached. Caution On Pressing Shorts 14-Jan In The Money: Tiger Brands , OUTsurance, Mr. Price, Kumba Iron Ore, Sasol, Dis-Chem Pharmacies 14-Jan BHP GROUP Is Starting To Outperform The Broader Market. Here's How Clients Were Prepared 14-Jan AVI Ltd: Shorts Getting Paid 14-Jan Relative To The Top 40, Naspers Is Trading In A Short Term Oversold Range ---OUT OF OFFICE: Monday, 13 January--- 12-Jan  Volatility Equals Opportunity. Here Are 5 Ways To Trade U.S. Consumer Price Index (CPI) 12-Jan  Before You Trade USD/ZAR, Read This. 12-Jan  JSE Top 40 Index: Approaching It's 200-Day But Vulnerable To A Breach 12-Jan  S&P 500 INDEX. Down by 280 Points From Model Reading. Well Done, Short Sellers 12-Jan  SA Equities: Trading Commentary (Full Coverage) 12-Jan  African Rainbow Minerals: Breaking Out On A Relative Basis (Bullish Setup) 12-Jan  Trading Sibanye Stillwater? Here's What You Need To Know 12-Jan  SPOT GOLD Price & Trend Analysis 12-Jan  BRENT CRUDE OIL: 7-Week Bullish Reversal + Further Gains Pushes Commodity Near S/T Overbought 12-Jan  Anglo American Platinum: Technical Improvement + Potential Change of Trend 12-Jan  Glencore Plc: Attempting A Bullish Reversal 12-Jan  JSE TECHNICAL SUMMARY Most Overbought/Oversold 12-Jan  Trading Firstrand? Here's What You Need To Know 12-Jan  British American Tobacco: Now +R100. Strong Upside Reversal 12-Jan  iShares China Large-Cap ETF 12-Jan  Clean Water ETF 10-Jan  Palladium’s Pattern Play 10-Jan SA Equities: Trading Commentary (Full Coverage) 10-Jan The Big 5: JSE Miners vs JSE Banks 09-Jan If You're Trading SILVER, Here's What You Need To Know 09-Jan Spot Gold. A mostly bullish bias + looking to break out of a range 09-Jan Sibanye Stillwater: Right Reading, Right Time 09-Jan Standard Bank Now Lower By Over 2000c 09-Jan Woolworths Holdings: Price & Trend Analysis 09-Jan JSE Technical Summary: Strongest/Weakest 09-Jan Thematic Opportunities: iShares AI & Tech ETF (ARTY)    09-Jan Thematic Opportunities: Global X Lithium (LIT) 09-Jan SA Equities: Trading Commentary (Full Coverage) 09-Jan JSE Sector Ratings: Technology, Miners, Healthcare & More 08-Jan Flash Comment  Nasdaq 100: Distance Divergence vs 200-Week / Bearish 08-Jan U.S. 10-YEAR BOND YIELD Bullish Momentum However, Approaching Short Term Overbought 08-Jan Major Markets: Moving Average Trends 08-Jan U.S. Factor Summary: Growth Over Value + Flight To Safety 08-Jan Market Sentiment Index 08-Jan SA Equities: Trading Commentary (Full Coverage) 08-Jan Nebius: European Artificial Intelligence Infrastructure 08-Jan Trading Diversified Miners? Here’s What The Price Action Data Says 08-Jan Invest in the Next Generation of Connective Technologies (SIXG ETF) 08-Jan Global X Uranium ETF 08-Jan Buyers/Sellers Were Most Aggressive In These Shares 07-Jan  Naspers: Well Done, Short Sellers 07-Jan  BRENT CRUDE OIL: 7-Week Bullish Reversal + Further Gains Pushes Commodity Near S/T Overbought 07-Jan  JSE Top 40 Index: Here’s What You Should Know 07-Jan  ARK Space Exploration & Innovation ETF (ARKX) 07-Jan SA Equities: Trading Commentary (Full Coverage) 07-Jan JSE Coal Miners: Relative Reversal (Monthly Time Frame) 07-Jan JSE Technical Summary Strongest/Weakest 07-Jan JSE Consumer Discretionary: Relative To The Top 40, Bullish Momentum Is Waning 07-Jan WORTH NOTING: 200-Day Developments (Tiger Brands, Outsurance, Mr. Price & More) 07-Jan Global Idea: Cisco Systems 07-Jan Global Ideas: ASML +17% in 9 Weeks 07-Jan Resource Centre: Trading Tip of the Day 06-Jan JSE Telecoms: Relative Change of Trend 06-Jan Nasdaq 100 Index: Buyers In Control + Stable Short Term Candle Structure 06-Jan   USD/ZAR Unwinding From S/T Overbought; 21-Day EMA at R18.32/18.39 In Focus 06-Jan Flash Comment  U.S. Dollar Index (DXY) 06-Jan Flash Comment Spot Gold (XAU/USD) 05-Jan S&P 500 Index: Pullback in Line With Model + 5844/5864 Defended, For Now 05-Jan Major Markets: Trends 05-Jan Trading The JSE Top 40 Index 05-Jan GOLD (XAU/USD) Rangebound But Potential To Re-Test The 8-EMA Around $2631 05-Jan SA Equities: Trading Commentary (Full Coverage) 05-Jan Trading The Numbers: U.S. Non-Farm Payrolls 05-Jan MTN Group: Strong Upside Move (+1300c) 05-Jan   JSE Technical Summary: Most Overbought/Oversold 05-Jan Naspers : Price & Trend Analysis 05-Jan   Trading Banks? Here's What The Price Action Models Reflect 05-Jan U.S. Factor Performance & Summary 05-Jan   iShares Expanded Tech-Software ETF 05-Jan   S&P SPDR Energy ETF 03-Jan US Dollar Index: Short Term Overbought 03-Jan Flash Comment: Aspen Pharmacare 03-Jan Flash Comment: USD/ZAR 02-Jan Flash Comment: EUR/USD 02-Jan Absa Relative Strength vs Financial Sector Peers 02-Jan Brent Crude Oil 02-Jan   FX: USD/ZAR 02-Jan Standard Bank 02-Jan Sibanye Stillwater 02-Jan Telco's vs Top 40 02-Jan JSE Sector Ratings 02-Jan Resource Centre: Trading Tip of the Day 02-Jan JSE Market Breadth (Monthly Time Frame)   02 Jan Glencore Plc   02 Jan Discovery Holdings 02 Jan U.S. Consumer Staples/Consumer Discretionary 02-Jan Investec Ltd 30-Dec S&P 500 Index Unum Research Attains 3rd Place In The 2024 Securities Broker Awards. Read more at the following link: https://www.unum.capital/post/unum-research-awards Lester Davids Analyst: Unum Capital

Trade MTN Group  with Unum Capital. To get started, email lester@unum.co.za Analyst Price Action Model as of Tuesday 21 January at 09h15 Model Summary: The MTN GROUP stock is currently in a bullish trend, but the 7-day trend is overbought. Traders are advised to not chase the price and look for opportunities to short-sell if the price fails to hold key levels. The medium-term outlook is also bullish with aggressive buying, but caution is advised against chasing the price. The long-term outlook is bullish with a strong attempt at a bullish reversal. Current 7-Day Trend: Overbought. Current 14-Day Trend: Bullish. Short-Term Buy/Long Position Opportunity? No. Do not chase the price. If the price fails to hold the highs, the 8-EMA may be a short-sell target. Medium-Term Outlook (2 to 4 Weeks): The medium-term outlook is aggressive buying but do not chase. Look for an opportunity to short-sell if the price fails to hold prior session range highs back to the 8-EMA. Long-Term Outlook (5 to 8 Weeks): The long-term outlook is bullish. There is a strong attempt at a bullish reversal following a consolidation phase. Previous Post: Wednesday 27 November 2024 (15h24) MTN GROUP R10 Lower + New Levels of Interest + Falling Wedge Structure The share us R10 lower, with the model having alerted traders to monitor for a failure to hold the highs. Take note of this falling wedge structure on the share Previous Post: 18 September (Real-Time: 13h49) Ticker: MTN Technical Condition and Price Action Probability Daily Chart Lester Davids Analyst: Unum Capital

DOMINANT BUYING FROM OPEN TO CLOSE (DAILY) DOMINANT SELLING FROM OPEN TO CLOSE (DAILY) Lester Davids Analyst: Unum Capital

Access Global ETFs  with Unum Capital. To get started, e-mail lester@unum.co.za Constructive technical setup. Short term, very overbought, however, over the medium term, the consolidation points to a group that is not overextended. The SPDR® S&P® Oil & Gas Exploration & Production ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P® Oil & Gas Exploration & Production Select Industry® Index (the “Index”). Seeks to provide exposure the oil and gas exploration and production segment of the S&P TMI, which comprises the following sub-industries: Integrated Oil & Gas, Oil & Gas Exploration & Production, and Oil & Gas Refining & Marketing. Seeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocks. Allows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing. Lester Davids Analyst: Unum Capital

Trade JSE Shares  with Unum Capital. To get started, email lester@unum.co.za Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from the analyst's Tactical Trading Guide (Price Action Tool) . The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. MEDIUM TERM (APPROXIMATELY 2 to 4 WEEKS) - SUBJECT TO CHANGE AS THE PRICE ACTION DEVELOPS NOTE: THE SHORT TERM (1 TO 10 DAYS) AND LONG TERM (5 TO 8 WEEK) READINGS ARE ALSO AVAILABLE. SHOULD YOU URGENTLY REQUIRE A READING FOR THE S/TERM or L/TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA Lester Davids Analyst: Unum Capital (Data as of end of day Monday 20 January 2025)

Trade BHP Group  with Unum Capital. To get started, email lester@unum.co.za BHG Group (BHG) was placed on clients' radar in early December, highlighting the relative/ratio chart (vs the Top 40 Index). On an absolute basis, the share has started to develop an upward trend, with strong candle structure. At today's close, this is what the model says: Analyst's Price Action Mode as of today's close (Monday 20 January) Previous Post (13 January): BHP GROUP Is Starting To Outperform The Broader Market. Here's How Clients Were Prepared. BHP GROUP Is Starting To Outperform The Broader Market. As highlighted in the note further below on 02 December, the positive divergence via the 14-day RSI was a key indicator which alerted traders to the potential for a bullish reversal. Can you see the relative outperformance starting to unfold? BHG Daily Chart as of 15h18 on Monday 13 January 2025 Previous Post: BHP GROUP In Terms Of Relative Positioning, This Chart Is Important Monday 02 December 2024 (Pre-Market) This is a ratio chart of BHG Group relative to the JSE Top 40 Index Key Features: Trading at support + Bullish Divergence as per the 14-Day RSI Interpretation: From or at around current levels, the share could potentially outperform the broader market. Lester Davids Analyst: Unum Capital

Trade FX: USD/ZAR  with Unum Capital. To get started, e-mail lester@unum.co.za Analyst Price Action Model as of Monday 20 January at 18h56 Overall Trend: Long Term: Consolidating Within an Upward Trend. The 8-EMA Has Been Breached, Use The 21-EMA (Weekly) As a Potential Buy Range. Short-Term Trends: 7-Day Trend: Weak 14-Day Trend: Weak Within A Sideways Consolidation Rangebound Short-Term Trading Opportunities: No explicit short-term buy/long position opportunities are mentioned. The focus is on the long-term trend and using moving averages for potential buy ranges. Medium-Term Outlook (2 to 4 weeks) : No reading available. Long-Term Outlook (5 to 8 weeks): Consolidating Within an Upward Trend. The 8-EMA Has Been Breached, Use The 21-EMA As a Potential Buy Range. In Summary: The USD/ZAR pair is currently in a long-term uptrend with recent consolidation. While the short-term trends are weak, the long-term outlook suggests a potential buy opportunity using the 21-EMA (weekly) as a reference point. Previous Post (19 January): USD/ZAR Bearish Reversal In Line With Model Reading (R19.21 to R18.63) Last week, before trading commenced in Asia, our key view around the Rand was that the USDZAR pair was approaching short term overbought conditions and that any failure to hold the range highs could result in a bearish reversal from the overbought regime. On Monday, the pair traded above the previous session (Friday) highs before developing a long upper tail which signaled an exhaustion of the bullish momentum. From above R19.21, the pair reached a low of R18.63 before midday on Friday , breaching it's 8-day EMA but remaining above it's rising 21-day EMA. USDZAR Daily Chart as of Friday 17 January at 14h31 In case you may have missed the previous note, please scroll down. Previous Post: Before You Trade USD/ZAR, Read This (12 January) Analyst's Price Action Model What is the overall trend for USD/ZAR? The overall trend for USD/ZAR is bullish across all timeframes. What is the short-term (1 to 10 days) price action reading? The short-term price action is very strong and bullish. Buyers are in control, but it's advised not to chase the price. If the price fails to hold the highs, the 8-EMA could be a short-sell target. What is the medium-term (2 to 4 weeks) price action reading? The medium-term price action is also very strong and bullish. Buyers are in control, but again, it's advised not to chase the price. If the price fails to hold the highs, the 8-EMA could be a short-sell target. What is the long-term (5 to 8 weeks) price action reading? The long-term price action is showing aggressive buying underway. However, it's advised not to chase the price. Look for an opportunity to short-sell back to the 8-EMA if the price fails to hold prior session range highs. In summary, the USD/ZAR is in a strong uptrend across all timeframes. Traders should be cautious and avoid chasing the price. Short-selling opportunities may arise if the price fails to hold key levels or becomes extended vs key moving averages. Points To Ponder: The pair is trading at an extended level above it's 75-day exponential moving average. Although extended, it is not extreme compared to historical distance readings. The pair is above a rising 8-day EMA. The pair is above a rising 21-day EMA. The 75-day EMA has turned upward. The 21-week EMA has turned upward. The 50-week EMA has started to turn upward. The 200-day SMA is trading sideways. Regime for each time frame Daily time frame = High bullish momentum/ Approaching overbought Weekly time frame = Overbought Monthly time frame = Strong Lester Davids Analyst: Unum Capital

Trade   Mondi Plc   with Unum Capital. To get started, email   lester@unum.co.za Strong/improving candle structure. Best close since 05 November. As always, traders could consider the following if/when the prices approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits. MNP Daily Chart as of today's close. Previous Post: Trade Alert: Mondi Plc Wednesday 13 November 2024 (Time: 11h53) Share Code: MNP Below is the TEXT as per the accompanying image: HIGH RISK BUY IDEA therefore small-than-average position sizes may apply. The share has been sold off aggressively and is in a high bearish momentum regime while approaching oversold. I do not think that THIS is the exact low (i.e. I am expecting lower levels) however, this may be a RANGE to starting building a buy/long position with the expectation that a base starts to form over the near term followed by a potential bullish reversal. Buy at current levels or lower (traders could consider starting with a 1/3 of the position). As always, traders could consider the following if/when the prices approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits. Time stop: 09 May 2025. Trading Levels Suggested Entry: 26768c or better/lower (this was the price at the time of writing) Target: 29700c Stop-loss: 25400 MNP's Model Reading as of 11h46 Lester Davids Analyst: Unum Capital

Trade   FX: EUR/USD   with Unum Capital. To get started, email   lester@unum.co.za Analyst's Price Action Model Let's break down the EUR/USD trend analysis based on the price action model: Overall Trend: Long Term: Persistently Weak But Monitor Lower Times For Rebound Potential Short-Term Trends: 7-Day Trend: Neutral 14-Day Trend: Rangebound Short-Term Trading Opportunities: No explicit short-term buy/long position opportunities are indicated in the image. Medium-Term Outlook (2 to 4 weeks): Strong Attempting At Bullish Reversal Following Aggressive Sell-Off Long-Term Outlook (5 to 8 weeks): Persistently Weak But Monitor Lower Times For Rebound Potential Summary: The EUR/USD pair is currently in a long-term downtrend. In the short term, the 7-day trend is neutral, while the 14-day trend is rangebound. There is no explicit signal for a short-term buy or long position. However, the medium-term outlook suggests a potential bullish reversal following a recent sell-off. In the long term, the pair is expected to remain weak, but with potential for rebounds. ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. Lester Davids Analyst: Unum Capital

Trade   Kumba Iron Ore   with Unum Capital. To get started, email   lester@unum.co.za KIO was recently featured as a bullish opportunity (07-January) at around R325. It has since rallied to above R370. Original Post Here: https://www.unum.capital/post/200d-tbs-out-more Analyst's Price Action Model Lester Davids Analyst: Unum Capital

Trade JSE Shares  with Unum Capital. To get started, email lester@unum.co.za Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from the analyst's Tactical Trading Guide (Price Action Tool) . The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. MEDIUM TERM (APPROXIMATELY 2 to 4 WEEKS) - SUBJECT TO CHANGE AS THE PRICE ACTION DEVELOPS NOTE: THE SHORT TERM (1 TO 10 DAYS) AND LONG TERM (5 TO 8 WEEK) READINGS ARE ALSO AVAILABLE. SHOULD YOU URGENTLY REQUIRE A READING FOR THE S/TERM or L/TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA

Trade   Gold   with Unum Capital. To get started, email   lester@unum.co.za As noted on Thursday, the trend was bullish however traders should exercise caution in the ultra short term. Below is the daily chart, highlighting the Spot Gold's advance to above $2720 before losing upside momentum and closing the week at $2703. Updated model reading as of Friday's close. Previous Post: A Bullish Trend But Caution In The Ultra Short Term (Thursday 15 January at 13h16) Analyst's Price Action Model Q: What is the overall trend of Spot Gold? A: Bullish Q: What is the current 7-day trend? A: Strong Q: What is the current 14-day trend ? A: Bullish Q: Is there any opportunity for a short-term buy/long position? A: Yes, but be cautious. Aggressive buying is advised, but avoid chasing prices. Look for overshoots or failures to hold prior session range highs to short-sell back to the 8-EMA. Q: What is the advice for the medium term (2 to 4 weeks)? A: Attempting to advance while in a bullish regime. If it pulls back, use the prior session close or the 8-EMA as an accumulation zone. Q: What is the advice for the long term (5 to 8 weeks)? A: Buyers are in control, but weakness on lower time frames. Look for pullbacks to the 8 or 21-EMA (buy range) before the next move higher. In summary: The price action model indicates a strong bullish trend for Spot Gold across all timeframes. While aggressive buying is encouraged, caution is advised to avoid chasing prices. Short-selling opportunities may arise during overshoots or failures to hold prior session range highs. In the medium term, pullbacks can be seen as accumulation zones. Long-term, buyers are in control, and pullbacks to the 8 or 21-EMA can be considered buy ranges. SPOT GOLD (XAUUSD) Daily Chart as of Thursday 16 January 2025 at 13h22 Lester Davids Analyst: Unum Capital