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As off today Geopolitical relief lead to a nice retracement after the huge surge in gold's price. after a nice ABC correction expectations are as price sustaining above 1880 a formation of a new wave 5 can be in play leading to a new high for the yellow metal.

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As previously mentioned a nice bullish move to be expected on gold. Here we have the third wave unleashed, a minor correction to be expected now. Price should respect the red line where a reversal and continuation can be expected while a break below the lowest one can put bulls in danger. While for now everything's moving in our favor.

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The following subdivision is giving us a nice swing trade opportunity for the upcoming trading week regarding Nasdaq . price rejecting end of the falling wedge will give confluence for higher levels to be met. to keep in mind that higher yields are having a lot of effect on stocks specially ones with negative correlation with interest rates.

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The euro/usd pair was trading to the downward for the past couple of months. As off now from a technical perspective this pair have unfolded a 5 waves movement and is ready to start trading higher. If price still manages to create a new low around 1.08 and RSI is still printing a bullish divergence then it will give a chance to see a nice reversal to the upside...

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1:65 RR trade on Nasdaq as per FOMC in the upcoming two hours.

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As i previously posted, I am expecting a new high for gold. following previous post here we can see the end of the correction of minor wave 1 before unfolding with wave 3.

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With global inflation setting new records high, coffee prices can be set to trend higher in the upcoming months. From a wave perspective 5 waves were done to the upside finished with a bearish divergence showcasing a correction to the downside were it's end can be expected near wave 4 to then start a new rally to the upside.