For Gold we still have a Positive outlook , as mentioned earlier BUT ! we can see another Another drop before going up.
we can expect rising for this pair too we may finished the 5 of 5 from the falling wedge it's time to rising again vs $
there are two scenarios for gold but both of them shows we need to go up as ( X or 5 )
I Expect the the gold finally decided to rise, we can take long positions, BUT! Be careful from the invalidation level .
as we mentioned in the last post for gold we make a good profit $$$, now be careful because we are in a strong sell zone .
The sign of weakness began to appear on the dollar index with the look of wave analysis . and by classical analysis we are on a strong resistance - channel upper band - so we are waiting for the landing .