Preferably shorting but at current market area, a small consolidation is likely possible.
Description within chart markup. Slight bullish movements with overall outlook of bearish.
After channel break USDCAD consolidated. Dropped lower for price corrections but didn't break previous major fib levels for confirmation of the down swing. Expecting more bullish rise for this pair and bearish for it's commodity link pair - WTI Oil.
Current GOLD outlook. I don't usually show other styles/techniques that I know since I mainly focus on trading patterns for long-term/swing trade setups. But if that setup is present it make sense to follow. Triangle - ABCDE, Elliot Wave Theory - 5 Waves up/3 correctional waves down. We're looking for the 5th wave completion. It may or may not reach it as gold...
Watch for a DIP before entering.
More SHORT opportunities. Price Tapping and closing below MAYO.
Technically still long. Inventories still high, drop was due to dollar strength. A dip to 38.2 Level test and range move up