GOLD seems to be ready for it

FX:XAUUSD   Gold Spot / U.S. Dollar
322 20 10
Last sellers sold their gold             , if we get a daily hammer this might be a great long! Bullish div on all timeframes, so potentially this whole downtrend could be a bullflag.

Also we have channel support here and the turquoise line is horizontal support.

Earlier I posted an idea where I looked for 1160, but was revised by me. I often posted my chart in the gold             chatroom and there you might find the route to this idea. There is a bullish divergence on monthly, weekly AND daily timeframe . I will monitor this metal and silver             very closely.
IvanLabrie Yahia.Awes
I see room for some correction in the dollar...The yen is looking increasingly interesting on the long side overall.
Yahia.Awes IvanLabrie
I agree, I think that for example GJ will touch 198 area before going down. Posted this also weeks before.
IvanLabrie Yahia.Awes
Yes, GBPJPY is close to it. Or already topped. I'll let it prove itself.

My target:

Yahia.Awes IvanLabrie
I just entered long on GJ, really needs to go higher a bit.
IvanLabrie Yahia.Awes
Looks messy for me right now. No major news today, so unlikely to go for a strong upwards surge.
Yahia.Awes IvanLabrie
Well I see it making a bullflag.
IvanLabrie Yahia.Awes
I entered gbpusd long btw. Might have a shot, but JPY is pretty strong atm.
Long term view?
IvanLabrie Yahia.Awes
Really hard to say right now, but we might be very close to a bottom in the intermediate term. I'm still short though, won't cover until I'm sure the decline's done.
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