price drop down to the demand level as corrective wave WXY where price stopped at extension wave Y which is 1.618% of corrective wave x. now that price hit the demand level and also the end of wave y of the minor wave 4, i expect another rally from the demand level next week to the upside or previous high of wave 3 and above which will make it a wave 5
I expect price to retrace back to the supply zone then a rejection is expected at the supply zone , where price will drop down to the previous lower low and even go down more
Price completed WAVE WXY correction for WAVE 4 , and it is epxected to be on a really to 2.618% of the previous extension. i will expect the move to take place next week
DIAGONAL OR ASCENDING WEDGE , PRICE BROKE OUT AND RETEST TO FORM A DOUBLE TOP , I EXPECT A FALL FROM THE PAIR NEXT WEEK TO 0.618% OF THE DIAGONAL
I expect price to move down to the qml level which serve as entry point and price to reject the level.
PRICE retrace to 50% of the fibonacci at the end of friday market day. i expect 1.618% to hit in the coming week before completing the target at 2.618%
GOLD completed wave 1 and wave 2 from the zigzag correction. wave 3 is already in place with a target of 1.618 extension and fundamental also support the ruin of USD after 1.9 trillion dollars was signed last week