gold has confirmed bearish trend after reaching 78% @1733 retracement of all time high. gold can again test support at 1445 this time this weeks old triangle will geve it room for 1825
after 1700 rally gold has stuck in wedge again upside breakout will lead it beyond 1750 and down side beakout will take it to bearish trend
gold has stuck in triangle on 15 min intraday chart don't forget to take profit on breakout horizontal support line at 1645 and then ascending blue trend line. its breakout will confirm bearish trend
gbp usd is trading in wage downside breakout target will be fib retracement point for 4th wave
it has breakout its ascending parallel channel
after bulls rally. it has been moving sideways gbp usd has stuck in breakout zone lets wait who wins. if it break up than it will be 5th wave. if don't than it is reversal
gbp usd in fourth correction wave. we expect retrace to 0.38% or 50% than rise again in fifth wave . it has been following wave principle very well
channel within channel if it break this new channel than there is huge buy
gbp usd rising along this trend line . if breakout than it is sell otherwise buy
after rally from 1450 gold now is in correction mode in parallel channel. breakout of this channel will be very important after covid 19 bill voting
gold is now in triangle correction after huge sell off. it has got major support zone at 1453 - 1445 that has been tasted multiple time. for fundamental reason global rescission and us election 2020 trade war agreements are still drive it higher. so there is maximum probality that gold will break out this triangle . at the end of the fourth corrective wave will...
after biggest decline gold is rising again in parallel channel . lets see whats happen on Monday
gold is flirting with around 1470/71. it has become a huge support for closing price.
usdcad is now in ascending channel. lets wait for breakout. if it break this channel downward than there will huge sell opportunity
gold is now in bearish parallel channel after last channel breakout if this channel is right than bullish target for 5th wave will 1660 if it break this channel than bearish target will be 1616 use proper risk management wait for breakout for sell target
gold is in another parallel channel after breaking previous one resistance - 1710, 1690 suppoet 1662, 1660
there is low chances of gold going down from here if it breakout another rally begins