sph88gumbi

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Fundamental -Week ago we have seen U.S unemployment rate went up and CPI didn't change that much and ECB conference official were seemingly have confidence about the future economy of eurozone during the conference when several investors tried to dig in about the future plans to overcome inflation in case it became an issue -General unemployment rate is so high,...

sph88gumbi

Last week during CPI we had a fake out to complete wave E correction also wave 4 on a daily time frame. A break and retest of 1.03500 and ending diagonal will confirm a beginning of downward movement. First target at 0.99500 then we will expect a consolidation along the lower boundary of a triangle thereafter a downside continuation. Elliot wave- Wave E complete,...

sph88gumbi

Gold has been on the uptrend as a part of a bigger time frame correction. At the moment this instrument might push a little bit high to 1800 thereafter form a rejection candle that will be a good entry. Alternative entry is when a price break below 1760 level, break and retest a pattern highlighted in dotted line of which look like an ending diagonal. First target...

sph88gumbi

last week we had an impulsive wave, this impulsive wave is not yet complete and one should expect a continuation of upward movement toward 1720 if we see a break above 1680.

sph88gumbi

In our last analysis we managed to find a perfect entry from 1620 and our target was 1680 however a market made a reversal at 1670.At the moment we expect a pullback toward 1640 region to test a structure thereafter it will push higher toward 1700.

sph88gumbi

This instrument is on a correction phase on a bigger time frame. We expect a price to push upward to 0.99500 and a break above this level will further push a price to 1.01500.A break and close below 0.97169 will invalidate this idea.Good Luck

sph88gumbi

On our previous idea we stated that a break below 1660 will exposed 1620 level and market almost reach our target. Gold is on a correction phase on the bigger time frame and at the moment we cant specify a type of correction but is either a triangle or flat correction. At the moment we expect a price to shoot to 1680 level thereafter we will monitor a type of...

sph88gumbi

Gold is in a down trend on a long term however there is still a room for a correction therefore a break above 1680 will expose 1720 and probably 1740 to 1760.A break below 1660 will expose 1620 level.

sph88gumbi

we are looking to sell gold from 1700 and with our target 1660 as our analysis shows have a great trading week all the best traders......

sph88gumbi

We are ready to experience great moment of the market to a specified target.... please follow if you like the idea Pinbar signals

sph88gumbi

I expect this pair to move up and form a double top as indicated by the black arrows on the chart. Double top will mean the end of wave B of a Zig Zag correction and I expect a 5 wave move down to complete wave C inside the consolidation box.

sph88gumbi

This pair will move a little bit up to complete wave B of a Zig-Zag Correction .I also expect a double top to be formed on the black arrows as indicated on the chart. This pair need to remain inside the consolidation box for one more move.

sph88gumbi

Ascending triangle was broken, one can buy when a market retest an upper bound of a triangle.

sph88gumbi

One can note inverted head and shoulders, also there is bullish rectangle forming. According to Elliot waves we are in wave C of a correction

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Wave E complete

sph88gumbi

Gold about to reach 1938 this week

sph88gumbi

Price is about to complete wave 5

sph88gumbi

I expect the price to go up after a symmetrical triangle broken, previous down resistance broken and retest, according to Elliot wave we are in wave 3.By looking at currency correlation DXY is on the bearish impulse (wave 3) hence EURUSD is on impulsive wave. if you like my idea please click like button.