A little more space for rising prices!

By NeverNO

Updated

Short around 1338

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Soon short butterfly finito...

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Strong resistance is at 1360.1 (red line).
Although it does not look like it, I would still expect a higher high tomorrow ... or just until Friday.
As long as 1305 is not broken, I stay with this view.

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Gold also falling the next H4 candle. Then it will be interesting.

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Daily = butterfly = bearish
I count with 6 bearish days (from the last daily high)

Intraday daily first support around tenkan.
Tenkan-Kijun cross = daily = bullish

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Assuming I am right, then I would favor the wave 4 falling to 1305.27.

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Tomorrow daily needs a HH as today and therefore, if the b does not run over 1341.66, then the c as in the chart.

Hereby I would like to contact all followers and inform that I am - until further notice - in the holidays and will take part in the updates only occasionally.

Wish you all a good time and many successful trades.

Take care of yourself and see you then ;-)

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i
If there is no closing price (daily & weekly) below $ 1381(the red line), then gold could stay above it for another 3 weeks in july.
If the price falls below that level, then the next target would be $ 1341.

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Daily SMA 20
should be reached!

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Tomorrow - Daily = HH as today

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After MIDNIGHT!

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1425.3 = resistance

NeverNO

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