I expect the end of correction move at this Fib level 61.8%, and it can finally start rebound the bull run towards price 2000
Breakdown Gold From D to 1H timeframe , Since the bigenning of past month as we saw dollar been bullish and rest of the market against USD been trending down, Gold retraced to 50% Fib level on daily time frame, in last few days the downtrend seems to be ended, i expect gold to relly towards the Bullish Trend on higher timeframes.
Gold been trending all the way down to complete the corrective move on higher TF's, i expect one more drop after retracement
Im neutral on gold, for now trend is still bullish possible continuation of uptrend, incase of breaking the structure, we may see strong bearish impact next week, trade safe.
Im bearish on AUDUSD after breaking the Flag, waiting for clear breakout for confirmation.
Market against dollar likely to make retracement next week and make some correction moves
Market against dollar likely to make retracement next week and make some correction moves.
Silver been Pumping Upwords, breaking sideways upward, possible continuation for long time ahead
Strong dollar, after completing retracement we can expect strong bearish movement
I expect dollar stronger this week, Market would struggle agains USD, EURUSD would fall to the support 1.05000
Short term buy opportunity at support and retracement Level 50% to 61.8%
NFP made important impact for sellers by Breaking structure likely to fall after retracement, price 1900 probably will be retested, before next Down Move, trend still bullish.
Long term trend still bullish, short term i expect more down move to complete the correction, if its end of the wave 2 i expect the price to fall to go ahead for wave 3 from fib level 61.8%
GBPUSD in Bullish trend i'd be looking for buy at Fib level 50% to 61.8%
EURUSD, pair is struggling to cross resistance 1.08500- 1.09000, i expect rejection and seek for sell opportunity, trade would be activated at price 1.079 for further down move, if it breaks above resistance area setup considered invalid, good luck
We've seen gold making HH and HL this week, probably to continue next week, im neutral, as we saw it struggled on friday on strong resistence 1D time frame, there could be short term sell opportunities to retest lower end of Chanel, if breaks definitely i'll be looking for sell. trade safe