so as you can on the daily price is far away from the moving averages and when ever that happens price normally makes it way back to it if price breaks out of the pink zone i think price will go up to about 1840 and makes it way back down once again here is another view of my mark up on gold
Next week audusd may be bullish if this happens So if it retest and shows a bullish pattern and stays above the 88 fib level And also breaks that trend line on the rsi we may see a move to the upside if this trade plays out my tp is shown on the chart
so as you can on the monthly timeframe UJ is forming a descending triangle and if you know what it is you know UJ is going to drop and the next key level it can hit is 101.000 as you can in the zone i plotted
currently gbpjpy is showing some weakness and possibly will go back to 140.200 area and we may see a retest if a bullish candle appears in that area and if so gbpjpy can rally up to 141.00 (sorry if the wording doesn't sound good lol)
If price retest the 1980 zone area and also break through the 1940 zone we may see a further declines on gold and if you look on the weekly timeframe a bearish engulfing maybe forming at the end of this week
Eurcad may see further declines if we see more declines next week