GOLD continuous downtrendingContinuous down trending for GOLD.
If the price will close under the lower forecast line (line from recent lower to cloud with a 25 days distance) we can expect the price to continue to go down.
Also we need a confirmation by ichimoku with a descending cloud and conversation line.
As next relevant price area we can consider the previous low and a range between 1630 and 1600.
SSB
Pivot points for EURUSD at 13:13 (Paris time)Actually in high timeframes (>=2h) the trend is bullish. In lower timeframes the trend is ambiguous.
1.12163 is a pivot point : If EURUSD price gets over 1.12163 then it may go up to 1.12571.
If EURUSD bounces on 1.12163 and go downtrend then it could bounce again on 1.11697 to go uptrend again.
I'm neutral on short term.
I'd say : for short term investors, avoid EURUSD for some time.
for mid-term investors (some hours), EURUSD may be uptrend in the following hours.