We have Bearish and divergence! But we may see another rally in beginning of the week. This BEARISH pattern implies, that we must be looking for beginning of a Crash. In Short term, we might have first 5 wave decline. So another rally wave might be in play, wave up to 1730/40 then massive crash with the bearish Pattern playing out.
Sp500 just started dropping which can confirm our prediction on Gold. However Eurusd might have a final push / which will trigger our final push as well on gold. Then Dxy finnaly starts his rally up which will complete our crash on Gold
I will wait for last push to add a sell at 1720/1730 sl 1760 with tp 1650
Sp500 just started dropping which can confirm our prediction on Gold. However Eurusd might have a final push / which will trigger our final push as well on gold. Then Dxy finnaly starts his rally up which will complete our crash on Gold
I will wait for last push to add a sell at 1720/1730 sl 1760 with tp 1650