It appears that a five-wave structure to the downside has completed. Now, we anticipate a corrective three-wave structure before the downward trend resumes.
US500 continues to move within the price channel. I anticipate further market growth.
It is similar to EURUSD. If, after a five-wave structure, we see three waves up, the GBPUSD pair is likely to continue its decline.
If, after a five-wave structure, we see three waves up, the EURUSD pair is likely to continue its decline.
After a slight correction in gold, I anticipate further growth.