Forexrein

Forexrein

Having analysed gold using Fib to calculate waves 2 and 4 i noticed wave 2 to never have completed a move to fib 0.5. hence i did expect wave 4 to also fall short of the 0.5 wave. Now Gold seems to have completed Wave 4 correction of wave 3 internal wave , using Elliot wave theory we should be growing from here to 1982 or 2022 to complete wave 5 of 3 internal...

Forexrein

Having analysed gold using Fib to calculate waves 2 and 4 i noticed wave 2 to never have completed a move to fib 0.5. hence i did expect wave 4 to also fall short of the 0.5 wave. Now Gold seems to have completed Wave 4 correction of wave 3 internal wave , using Elliot wave theory we should be growing from here to 1982 or 2022 to complete wave 5 of 3 internal...

Forexrein

DXY is due to test the recent broken support and continue downwards to 98 support

Forexrein

Gold has been in a long uptrend for sometime now. The bulls continue to push price upwards but now gold is in a very strong resistance, price will likely reverse from here 1949 and will move downwards to 1807 region before going up again. Confirmation for sell we are currently in a 4 hour rising wedge, which is a reversal pattern and is fully matured and ready...