A VERY CLEAR TRADE, WITH THE BREAKING OF THE SUPPORT, WE CAN ASSUME THAT THE PRICE WILL ALREADY WANT TO CLOSE THE PENDING GAP. POSSIBLE PULLBACK BEFORE FALLING.
We continue with the continuation of gold for sale. now we could see a confirmation of this movement when doing the pulback in the resistance of the 1700. We hope that the first important objective is close to 1600.
Ok, Now if we see a strong momentum that would indicate that the price would go upward. a strong break in the support and a large candle give us a strong and clear signal that the price would already go towards 119. Where resistance would be expected.
Gold we have a great and potential opportunity. We could now go on sale, keeping a correct management of the capital, since it is very possible that it will reach the 1800s. Or wait. But the fall is imminent, we have strong resistance which combined with our patterns, should send the gold down.
The pair maintains its laterality, which enhances the idea that it will continue in an uptrend. A clear flag marks this lateral movement. At any moment we should see a bullish momentum. If we see it with Elliot Wave , we would be in front of a lateral 4 wave. going in search of wave 5, and resistance.,,
The pair maintains its laterality, which enhances the idea that it will continue in an uptrend. A clear flag marks this lateral movement. At any moment we should see a bullish momentum. If we see it with Elliot Wave, we would be in front of a lateral 4 wave. going in search of wave 5, and resistance.
(corrección) El movimiento en rango me hace pensar que ira en busca de la siguiente resistencia antes de caer. Yo la esperaría en la segunda resistencia para vender en el pullback.
Tenemos una gran oportunidad en esta paridad, aprovechando la fuerza que técnicamente estaría tomando el dolar Australiano, sumado al debilitamiento que vemos en varios pares del Euro. Tenemos una tremenda cantidad de pips para sacar un gran beneficio.
For the moment the most likely operation in the pair is a sale. Difficult that at the moment it keeps going up, if it breaks the high we are going towards the 162 of fibonacci that I have marked. I am currently on a bearish correction.