GOLD/U.S. Dollar Monthly Chart with alternative Elliot Waves!This is an alternative for a possible Elliott Waves count of Gold.
As shown in the chart decisive breaking and sustain trading above $1400 may pave the way for much higher gold price.
Comex
Gold rising in uptrend reach upper end of channelGold shows good strength in uptrend, every pull back lower used by trader to enter in long side.
Now price reach critical juncture and near upper end of channel.
Trade below $1270 in 4 hour charts can push price lower either by profit booking or bounce in dollar index.
Gold Future breakout from falling wedgeAfter G20 meeting and outcomes related to pause of trade war between US and China brings Dollar index to cool down from High level.
Technically Gold future continuous contract breakout from falling wedge pattern and to consider this breakout and price forecast it can rise up to $1261-$1266.
Now $1222-$1224 act as support.
ZECUSD channel down pattern Channel down pattern identified
Entry price: 69.71
Target price: 90
Stop Loss price: 63.94
Live cattle 3 DRIVE long tradeI identified the price action of this pair appears to be forming a bullish 3 drive. wait for price retracement
ChristopherTrades
Entry price: 113.35
Target price: 120.55
Stop Loss price: 112.325
