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From previous significant HL the fib shows a consistent bounce along the 50% mark. This is confluent with falling wedge support. Couple that with the fact that we have now broken the wedge and the Kumo Cloud too, I now see trend continuation. Stops have been placed below previous HL (Within the wedge) respectively. The Target is confluent with the -61.8% fib extension D2
Here we have the monthly chart for GBPNZD showing cloned support and resistance ranges (blue rectangles) and mid range support and resistance (black horizontal lines). This pair could now pullback to the 1.8750 area which is the 38.2% fibonacci retracement level. If this occurs, then this pair could continue its move further lower, more precisely 1.3540 area...
On the USDCHF 4HR chart we have a right-angled broadening wedge, with horizontal resistance at the 1.0190 area. We are waiting for a break to the upside of this structure to target 1.026 and 1.032 which are the previous daily highs on this pair.
A safe haven to buy. currently being bought in large physical amounts by the worlds elite. We are seeing a Descending wedge which is likely to break to the upside. The wedge low was a 50% retracement of the entire move up. possible targets are around the $2400 mark which to some may sound absurd.