Gold rejected from 1990 level and its going to tap 1953 to 1950
The pair is bearish on weakly and daily, in addition to that a 4H area of interest. On lower time frame price showed a intention of price going lower, making Higher lows and Lower lows. All this indicates a short trade.
previous impulse followed by larger pullback Now the Next move starting.
Descending channel within descending channel shows long trade on the way. Weak Dollar a head. Time to buy Eurusd.
Clear structure and Ascending channel within Ascending channel, also price in a key level area.
A corrective breakout of the correction and more downside coming. Pure price action
more downside continuation with the analyze of pure market price action, same as the last USDCHF idea i shared.
impulse, correction, impulse, correction is in process now a big impulse to downside in formation now.
EURNZD is on a strong defense line for bears to take control again, Now it formed a correction and will continue its downtrend after correction move. its current on the 0.618 Fib level which can also support the short idea for short term 100+ coming.
USDJPY is resting on the weakly Support and the pair will be heading 106.000 for this week. And there is opportunity to Buy in the short term, but this pair is Short in the long term