DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
KIRKLAND LAKE GOLD LTD, ALLIANZ SE, PHOTOMEDEX INC, INTERCLOUD SYS INC, PETROSHARE CORP, SBT BANCORP INC CONN
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Coffee, Cotton
Bitcoin / Dollar, Bitcoin / Euro, Ethereum / Dollar, Ethereum / Bitcoin, Litecoin / Dollar, Ripple / Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
descending channel on monthly. Middle Line crossed down-side.
possible Supports ahead
1. 1040 which is previous pivots, fibo bounce zone (127%).
2. 950 which is the channel bottom line and stronger fibo bounce zone 161% golden percentage.
1 trend retest
2 trend-based fibo. bounce zone
3 possible three bottoms (Super Pattern)
A huge drop ahead anytime now.
a close below 17000 is confirmed. (Monthly)
This price action is heading a crossing starting from 40.50 to 42. At this area, either breakout (above red trend) to around 49 or down to 33. This chart is Weekly.
I would consider this after price is above the trend.