XAUUSD WIll be pushing up before the us presidential election result come out
As we find GBPAUD filled the FVG zone, now ended wave 3 with ABC correction. We are looking forward for a wave 5 push.
Selling GBPAUD on imbalance filled, weekly looked very bearish
As Gold break previous high of ABC correction, we are expecting gold to continue an impulsive, bullish sequence.
As GBPAUD pushing up toward the Imbalance, we are will expect it to continue the bearish trend after the imbalance is filled.
I am entering the impulsive wave after a 3 wave correction based on the divergence on bearish impulsive wave 5 in a smaller timeframe.
After a complete 3 wave correction, we try to trade on this bullish impulsive wave
According to the elliotwave and market structure, we still expect GBPJPY to continue uptrend
Just let the market move. My view, still waiting for GBPAUD to fill in the imbalances.
GBPAUD will make slight bullish retracement after reaching this level
As per my personal study regarding a DROP BASE DROP and RALLY BASE RALLY. Price will usually break this zone, to the 123 fibbo level before continue its previous direction, in this case going down.
I am more biased on bearish movement, however if gold break previous resistance, let us anticipate a retracement before going long.
Expecting AUDUSD to rebound after completing the 100% extension
GOLD is looking for a liquidity to move higher, possible retracement zone will be the imbalance on the daily.
AUDUSD will make a slight retracements to complete ABC wave
We are looking for a sell setup for XAUUSD if it doesn't break previous low, to complete ABC wave before continuing to go temporary downtrend.
As Gold created a Bullish engulfing in a H1. Gold will be pushing upward