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Gold is moving upward with the 5th wave and if the wave turned to be 5x, we could see it goes to testing $2000 again.
This wave forecast could tell you who is the next president.
SET is still in the progress of corrective wave formation in form of Tripple Three WXYZ.
We could see gold price moving down to the low zone near $1828 .
This is the scenario for next week.
Gold after swing low to 1910 then will goes up to 1952 then will go down again.
Gold is forming ABC Flat pattern and will be dropping soon.
Comparision between Dxy and XAUUSD , Clearly the more dollars weak the better Gold performs to the higher price.
Gold after finishing correction pattern then it's time for the bull to go and testing $1800 level.
You can see the correlation of these two market moving along together. We can use this correlation to plan the strategy in our trading.
Main direction of THB which we expect to be weaker compared against USD. It might pull back to test the lower line of channel again.
The price of S50M20 still bullish side from the lower channel line. We expect the price will moving upward to test the previous high and might breakout to make new high.
If the price today is moving within the channel, it would get the chance to go up to the upper channel line
The price movement of DJI still moving in the channel for a while after that will make a big correction after all.
Bis is moving the final leg of 5th wave of C for testing the price level at 8000, after that will be moving down to the low zone again.
After SET hits resistance at 38.2 then meaking correction but still in the uptrend channel . We expect SET will be moving down to the support level then bounce back again.
Momentum still in good shape and going to the line we draw for testing that level.