The Pound continues its downtrend in the next ABC leg of a wedge-like structure. The EUR, NZD, CAD began similar moves, and EURxxx crosses resume downtrend too. I'd love to see the green w1 to be completed before payrolls, then a major move down in July.
The trend change in Gold is in progress, watch breaking below 1753, then ready to move below 1042 in the next few months, which will happen together with the sell-off in currencies, stocks, and bonds.
Bonds try to make one new local high, I expect the downtrend to start in the next few days.
The trend change in Gold is in progress, watch breaking below 1753, then ready to move below 1042 in the next few months, which will happen together with the sell-off in currencies, stocks, and bonds.
Bonds try to make one new local high, I expect the downtrend to start in the next few days.