It's one of Ending Diagonal. There are 5 waves in the uptrend and in the end of that there are 5 intertwined waves. Another signal is divergence in MACD and RSI started to have lower high, on the other hand DXY is power and started to grow and wars doesn't have effect on markets. So, I think its end of the uptrend and GOLD wants go to rest. If it didn't work and...
There is triangle and the price is in that and on other hand the bottom line is broken so i think after a short bullish the price come back down to continue bearish.
DXY is ready to BUY. there is important price for it and i think 102.00 is very important. if tonight the price will close upper than 102.00, monthly and weekly candles shape show us good signal, in daily and 4H first top line will break, and all the reasons show us powerful signal to BUY. It can change all of markets.
There is good signal to short. but first you should wait to breakdown. All markets are waiting for DXY trend and I think DXY wants to start long trend. this position can active next week.
The last bottom is really important to change or continue bearish trend. As you know we need DXY to analysis most of the charts so we should know DXY trend. If price break down the bottom it can continue and cause to break and change most of my analysis. if price turn before the last bottom, it can go up to around last top and all of my analysis is true, and you...
I think BITCOIN started new impulse wave. it completed wave 1 & 2 and the price started wave 3. wave 3 is bigger than wave 1 and it will be power. i think everything is ready to fly.
Its update of my last analysis of USDCAD. The price had pullback and broken up correction, so I think the price get back to up as soon as possible.
USDJPY is in the correction and its one of waves of wave B. the price broken up and it has reaction about the bottom line of big channel. i think it wants to complete correction and get back down.
GBP is one of power currency but at first needs to complete correction. i think there is small correction and after that breakup the big triangle.
I think XAUUSD after small bullish wants to get back down to have last bearish to complete big correction, so i think its soon to break up and the price move opposite of DXY.
Its important area for EUR & DXY, the price had pullback on bottom line of important triangle and it needs good correction to rest last bullish wave.
The price touched top line of big channel and came back to complete pullback on big triangle it was broken. The price had reaction when touched top line of triangle and break up and after that had correction. I think its time to bullish.
The price after touched bottom line of big channel came back to up and broken top line. There is low risk to good profit. It can start next week. Have a nice trade.
SILVER touched top line of important correction. I think silver is looking GOLD and DOLLAR INDEX. DXY is really important for this chart, if DOLLAR takes power, SILVER can have good correction.
The trend is tired, and indicators show too much divergence and orange line is bottom line of previous biggest triangle and it's really important. I show all of important lines and areas in my chart, the price is in the small channel and i think if it breaks down, the price can touch previous bottom or last top. before trade have a look on DXY chart.
I think it's pullback on previous bottom and after that price start up trend, look at my chart, I show you important lines and areas.
The price is near the important line, so I think we have correction as soon as possible, it can touch precious bottom.
It's long-term trend. There is important ENDING DIAGONAL and price was reacted on bottom line. I think GBP wants to be power. RSI was in oversold and there is divergence in MACD & RSI, so I think it's start of new uptrend.