QUICK UPDATE ON GOLD. ITS FORMING A FLAG SO WE SHOULD SEE AN IMPULSE TO LEVEL 1522
BROKEN STRUCTURE, POTENTIAL START OF A NEW TREND. ITS AT SUPPORT ATM SO WE COULD SEE AN IMPULSE GOING UPWARDS! 400 PIPS
KEY AREA ON GBPUSD WAITING TO BE BROKEN. I SEE GBP GAINING STRENGHT. POTENTUIAL 200 PIPS
POTENTIAL 700 PIP MOVE ON EURNZD. 2 KEY RESISTANCE AREAS IN THE MARKET CURRENTLY. IF IT RESPECTS EITHER WE WILL BE LOOKING TO SELL
WE WAIT FOR A CLEAR BREAK ND RE-TEST FROM EITHER ZONE FOR ENTRY
The DXY to the downside, weakening the usd dollar, also on gold key level broken . likely to see a long opportunity for 600 pips
GBPAUD potential sell for 400 pips. Following the Downtrend, respected resistance level, and has hit the 0.618 FIB
There is a strong downtrend with NZDCAD. it has hit trend line it respected resistance and has hit the 0.618 fib level. Potential 100 pips
GOLD at the moment is on an upwards move towards 1293 which is the 0.618. Potential 300 pips if starts going short @1293. However, looking at the daily there is a rounding cup reversal pattern so if it breaks trend look for a buy.