The gold trim in the triangle is finished and ready to climb to the resistance line of the triangle roof.
The Dow Jones is close to its peak on a daily basis and is trading at the fifth wave in one hour. The probability of a price reversal from 24400 is very high and this price drop will be the beginning of a big drop in the daily time.
In 4 hours, gold moves inside the upward triangle, and buyers can enter the market after the triangle breaks and keep their trade until the completion of the fifth weekly wave.
In the daily time, gold has reached its first corrective target and may start its ascent from here to complete the fifth wave, and may continue to correct itself until the second target, which is around 1650.
According to Elliott Waves, we are now in the fifth wave in the weekly time, and any correction is possible to buy gold until the price of 1860 dollars.
If gold crosses the 1307.19 ceiling on a daily basis, we can be sure that the third wave is taking shape and is likely to rise to 1870.59.
The euro rises to the resistance zone and then breaks its current floor.
Dow Jones will complete Wave 4 and enter Wave 5, and will begin the upward trend after reaching level 61.8.
Gold in W1 completes wave B and begins a downward movement to form wave C. After entering the 1400 channel and completing the C wave, an upward movement begins to break the current ceiling.
Dow Jones could be bought with very little staples due to the secret divergence in the 4-hour timeframe. The primary target can be 29550 and the final target is 30,000.
The Euro enters Williams' overbought zone after crossing the Bollingerband and collapsing 23.6% Fibonacci and the Aroon red line reaches 100. Here's the best buy point with a 75% Fibonacci target
The British Pound will fall to the 50% Fibonacci retracement after a short climb to the resistance zone with 38% Fibonacci retracement.
The Dow Jones is backing up and moving upwards due to the 15-minute divergence in the indicator channel in zone 30. Best buy area at 28823 with a target of 29050
Gold corrected the Fibonacci retracement of 38.2%, first continuing its upward trend to resistance and then falling to the 62% target.