Gold is currently trending up with a lot of momentum. Should it fail to break the 4Hr resistance, I see a retracement in the Double Top formation before it will gain traction to rise to form a HH.
Gold has formed a double bottom on the 15 minutes with momemtum to the upside. Should it break the old resistance and remains a support zone. We can see a continuation of uptrend.
Gold appears to be making HH as it preceding upward to cover the wick high of previous candles.
Audjpy continues the uptrend following a pullback to previous HIgher Low.
Audjpy is trading in between channel in a descending pattern. On the daily candle, Seller has created a rejection on the upside and has created a Lower High in the process. I am expecting a Lower Low prior to the break out whether it be a continuation or reversal.
Eurusd shows an ascending triangle pattern which could go either way, reversal or continuation.
Price is creating a new HH on the uptrend and as it continues, it will establish a LL. The areas which we need to pay attention to is the previous HH and LL for resistance and support.
Possibly a retest of the Support Zone to ascend to a Higher High.
It is possible to go down to support prior to making a higher high.
DXY is making a HH LL while staying in a uptrend channel. It is possible to complete the HL thus ascending to make it HH.