We expect a downtrend on Gold after finishing the last wave 5 of the triangle. So, We expect a new corrective wave in a downtrend to finish wave Y
We expect a full corrective cycle A B C, after finishing the last impulse wave 5 and forming an ending diagonal
We expect a downtrend on USDCAD after retesting the resistance zone
We expect after breaking out the support trendline a downtrend wave to finish our last corrective wave (E) to hit 61.8% and 71.70% zone of Fibonacci retracement
We expect a new uptrend cycle after retesting the bottom of corrective wave (A) in the last corrective wave (c). So, We are looking for a buy position to hit 0.7560 our first target Share with us your opinion in the comment below !
We expect a leading diagonal to be formed and we are waiting for a small corrective wave to hit 1830$/ounce than a pull back wave to 1850$ /ounce. From this levels we are going to look for a buy opportunity to hit 1950$/ounce