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Eliotwave

Gold Elliott wave analysisshort term gold bull rally ran out of steam near 1965 which was started at 50% retracement of entire trend. everything depends upon 1764 support if that broken bulls will re enter the market again at 61% retracement. on the breakout of wxy low at 1764, 100% projection of bearish trend lies at 1648 blow multiple daily low. (since this rally ends at 61% retracement of bearish trend and sub waves of this trend were corrective not the impulsive. new lower low is much more expected. )
FOREXCOM:XAUUSDLong
by Sangam-Agarwal
EURUSD analysis and forecastHi traders, i expect some short term buy on dxy and that should push EU lower. As you see price broke out of ascending channel and is now struggling and lossing buy momentum. So its very likely to see retest of trendline like i shown, i think that price will move in corrective waves to the downside and retest 1.20000, so short term sell is expected there. Watch lower time frame for possible corrections and cofirmations to enter sells. I will post below higher time frame picture, check it bellow! Good luck
Short
by KosirFX
GOLD analysis and forecast UPDATEHi traders, we were talking about gold making correction and its happening. We already have 2 wave structure in that bearish flag, or A and B wave in that correction so we are expecting to see one more push to the upside. I would like to see price pushing higher to fib 0.618 or 0.786 which will confirm that price will move sharply after that and give us better risk to reward ratio, but keep your eyes on it! Remember bigger correction will give us bigger wave. Anyway im expecting nice wave to the downside, stay patient and good luck!
OANDA:XAUUSDShort
by KosirFX
GBPJPY forecast and analysisHi traders, GBPJPY is still moving inside big bearish flag marked with blue trendlines , but inside that flat we are having some bullish runing flag on 1h, which i believe can push price higher ( i will post 1h analysis below) , At 142. 40 we have target lvl on fib -0.27 where price can reverse to the downside, other way if price wont stop there and will push higher that will invalidate that bearish flag . . That bullish runing flat on 1h is already completed by abc correction so it can push higher anytime soon. Check 1h picture below.
Long
by KosirFX
GOLD analysis potencial moveHi traders, i hope you are doing well and are ready to crush new year! Anyway i think that we can expect some drop on GOLD since all higher tf are highly overbought and we are inside big runing flat. It looks like price is moving in corrective waves, which can move price to the downside. My first target will be on trendline around 1900 where we need to see if price will hold it and bounce up again or it will break lower. Watch lower tf for price action before entering sells. I hope to see some rejaction and reverse on gold soon, price might first push bit higher to around 1940. Good luck!
OANDA:XAUUSDShort
by KosirFX
GOLD analysis (update)Hi traders, last week I posted that i expect price on gold pushing lower to around 1850 and fib 0.618. Price made new high and reversed. As you see we are having some flag for sell forming on 1h which is completed by abc correction, so i think that gold can push lower now. It needs to break previus low at 1855 to complete that bigger flag for buy, where we already have ab wave and C is expected before reversal. I think that price is lossing buy momentum. If there will be any correction on lower tf i might take it, otherwise im focusing on buy. Good luck and happy new year!
OANDA:XAUUSDLong
by KosirFX
This Christmas may not be too kind, so hodl fast.$ZIL's price action may have performed extremely well of late but let's not get too carried away too soon, as talks of US stimulus isn't yet confirmed. Also, what not with lockdowns appearing in many countries, along with unemployment and defaults on the rise -- but I will do my best not to rain on your parade. Precisely why I have decided to work on a fresh calculation for ZILUSDT 4h chart -- so that we can work with a clean temple. With the recent dip, which an Elliot Wave study strongly surmises as a corrective Wave 4, a reversal at this level would be confirmation that we are to expect a Wave 5 in the near future. Our Target Price (TP) for Wave 5 today is $0.062 and entering a fresh position today would mean that we get to flip up 55% in profits -- but the BIG QUESTION isn't how much our portfolio can increase by, but rather has Wave 4 completed fully or only 1/3 of the way (ie we are only at Corrective Wave A)? My recommendation would be to hold fast, dig in, and let the bulls and bears play it out further, at least until after Christmas. Until then, stay safe.
BINANCE:ZILUSD
by googooboyy
U.S. Dollar continue drop!!! Short PositionToday, the U.S. Dollar continue their descence toward my next target using Fibonacci at 0.618% or $1.2715 USD. Now. looking the chart, we see in Daily that we are forming the Elliot Wave analysis to then continue toward to finish the impulse #5. So, his it's the details: 1. Position: Short 2. Entry Price: $1.2791 USD (Market Price) 3. Stop Loss: $1.2721 USD (30 pips) 4. Target Profit: $!.2715 ISD (75 pips) Good luck in this position
Long
by harisonhbn9718
1