Sell-pattern
XAUUSD prepare to longXAUUSD fell from the high at 16 October
We think it wants to create a pattern to make a bottom then rising, Let's talk about rising and it's target when the ABCD pattern complete
Now we should watch the price level 1274 ( red line ) in the beginning of the week, if XAU test it and reverse we will update and talk about targets
THANK YOU
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EURUSD Simplified forecast EURUSD
-Current price is floating under the 200 MA
-Elliot wave forecast is looking to complete another wave to lower lows
-EUR weakness is apparent across most pairs
-This pair will be quite unpredictable this week until we get a clear breakout in either direction.
-Economical data is in favor of a further movement to the downside.
-Tips: Remember the major trend is your friend and it is currently the safest way to trade this pair. Keep track of war talks and US bombings, this will negatively affect the price of the DXY.