gold have been in uptrend since the early of this year and the trend is still going , price moving a ascending channel which i expect price to make a daily close above that slant line or so as to validate our setup then we expect price to hit 1820 1840 and perharps 1860 in the coming weeks
price broke the trend line and retest it again , likewise moving up which confirmed the uptrend of the market. i expect price to hit the target at 38 and 43 before thinking of price going down due to the quasimodo spotted
my view on this pair remain the same as we are in wave 4 , if this is expanding flat then we will have a push up to 0.6620 and price will go down more below 0.6384 to complete wave C of the structure but as for now im still in for the sell unless the previous high is broken to confirmed the expanding flat .
i will expect EURUSD to sell for the next couple of weeks according to this analysis if it is well respected . as three inverted hammer forming on the resistance zone , but monday close will decide it price will break in to this zone or reject it totally
We sold chfjpy last week , before it went on another buy again , price moving within a channel now and creating a lower low and a lower high wich means the down trend is confirmed. then we have another confluence with the aid of quasimodo which bring about the sniper entry we got on 114.01 as our entry. and the stop loss 5 pips above the previous lower high . thanks
i expect usdcad sell at market open and after hitting the marked zone then i expect buyers to defend this area for buy to push up but failure from the buyers will expose the pair to serious sell and if usoil keep pushing up