With a high degree of probability, this pair will be long
This pair prepares a correction as the dollar situation seeks clarity about its future.
The price of the Aussie is oscillating in this triangle, from my point of view we can expect another bullish segment, if the price breaks the lower level, the bears will control again.
From my point of view, Bull traders keep fighting ...
Highs of the gold can be extended. The highest target the last analysis I did was reached and exceeded, then we need to change the upper limit until the price behavior tells us, I think it could be simultaneously with the end of the C.V. crisis.
Usd jpy is performing the last 3 of the 1-2-3 :D
I think this index could surprise us on the upside once again.
My view for the next week. Thank you for appreciating my analysis.
That´s what I see in gold in a daily timeframe.
I think the most likely thing The pair is doing right now is accumulating in this triangle in order to reach a new maximum. NeoWave theory consider X waves as the smaller waves in the process of labeling, the main function of x waves is to connect two corrective paterns. thank you for reading this.
Currently, the pair is forming a new wave, it could be a new corrective b or a trend 3 that we must wait to appreciate how it will develop.
That is a part of my mid-term vision for Bitcoin.
From my point of view the current trend is not a impulsive but corrective because of violates the " litmus test" It could be possible that gold oscillates in a triangle until the crisis ends!