Small corretion of the price and them it will keep the uptrend.
The graph shows a uptrend with a formation of a edge in 4h. Confirmation in 78,6% fibonacci and a good pivot point. And this point match with the beggining of the last wave of Eelliot.
In my opinion the price should go down a little more and then star rising again. This match with 38.2% fibo level, and will be the forth point of Elliot wave. Besides that the graph is doing a nice bearish edge. How ever is christmas time and the market tend to be a bit confusing in this days, so I will preparing the next year and buy only if the price touch 1438,00.
Preparing to star selling. Double confirmation of fibonacci with pivot point resistance Divergency on TDMACD and RSI in 4h chart.
In long term gold continues to rise. But I can see a good oportunity for a small sell. Then look for signs of divergency to star buying
Divergency on 1h and 4h Formation of a bullish pattern 1h Formation of a flag in 4h Confirmation with fib retracement of 61.8%
Formation of a edge on EURAUD and a good oportunity to start being bearish.
Small sell on usdjpy but in long term is to go long. Divergency on 4h chart Formation a flag Confirmation with fibonacci
Possible tornoing point where you can see a good divergency on TDMAC and RSI. Formation of and wedge with entry point on fibonacci 61.8%.
Trend formation Eliot formation last wave 4 to 5 confirmation with Fibonacci The first entry point is the strongest, so I would like to see that confirmation.
Formation of harmonic pattren Divergency on TDMACD and RSI
This pair as fanilly broken the resistence line. Now I am expecting a pullback to start buying.
Harmonic Pattern in 1d divergency in 1d, 4h, and 1h Formation of the last W of MAAW strategy.
I see a bullish wedge formation Divergence in MACD and RSI Good pivot point (yellow zone) This is my idea
Buy this pair to the yellow zone and then start to sell. Good zone of resistance Fibonnacci 78.6
Bullish chanel formation. Zone of resistance Fibonacci 61.80 Formation of last W in MAAW strategy.
In gold we can see the wedge formation that has already broken. Divergence on TDMACD and RSI. Wait for the pullback to buy.