Masadi
Gold has successfully reached the previously identified target of 3364. I expect it to rise slightly more, reaching the 3370–3386 zone. After that, a correction is likely to begin and may last for some time. Key downside targets during this correction are: Target1: 3285~3293 Target2: 3225~3233 Target3: 3183~3204
The XAUUSD chart has broken the descending resistance line that had been in place from May 8 to May 15. Following a pullback to this level, it appears to be resuming its upward trend. This bullish scenario will be invalidated if the price drops below 3120
A Gartley pattern is visible on the weekly EURUSD chart, suggesting that the euro is likely in a downtrend targeting 1.01, 0.99, or possibly even lower levels.
EURUSD has formed a Gartley pattern on the weekly timeframe, suggesting a potential drop toward 1.01 or even lower. Additionally, on the 4-hour chart, it has broken out of an ascending channel and, after a pullback to the broken level, is currently declining. This bearish move appears likely to continue.
It appears that the USDCHF chart has started moving within a channel and is beginning an upward trend. The stop-loss is set at 0.83
By checking XAUUSD channel: Sell in 3403 TP1:3282 TP2:3359 TP3:3330
Gold seems to have a downward trend and it is creating a shark pattern! Therefore, the targets will be 1635, 1623, 1617, 1604 and 1589. I'll be grateful for your comments.