A long Impulse wave might have come to an end.
I'm looking for a retracement and tested breakout of the 0.8735 historical S/R line. RSI is not indicating a strong trend anymore, but the Stoch is in oversold (4H) but not weekly. If confirmed that would be a nice corrective wave probably till halfway through the last rise (T1@0.8585). October 10-15 fundamentals will...
Based on the technical analysis, a negative breakout is on its way, at least tested somewhere around October 10-13. The high volatility of Gold makes me doubt a little, and also making such forecast ahead of a NFP report is tentative for the newbie I am. However, recently the market reacts less to the real numbers than to data the exceeds expectations. I don't...
