Downward move expected. EURJPY is currently moving correctively so we might expect an impulsive movement to the downside.
Xauusd is expected to dip up to the indicated zone at 1780.
We expect price to retrace to the indicated area during the Asian session and might be ready for sells right before the London session with good confirmation. Lets have a blue week..
Analysing the 30 minutes chart. A third touch on the downtrend trendline is experienced. We can expect price to drop.
Gold going to the upside completing the 12345 wave pattern
On higher timeframe we can clearly see a head and shoulder patter forming. Zooming to 30m timeframe and lower timeframes we can see a double top forming supporting our sells. We took a sell at 1810.500 with sl- 1814.000 expecting gold to fall up to 1790.000
AUDCAD has been on a bullish trend and now doing the 3rd touch. Zooming in its also forming a bearish flag which increases the probabilities of going short.
EURUSD just broke the bullish trend line and now forming a bearish flag. We looking to enter our sells after breaking that bearish flag