Will be anticipating a Gold long into 2180 on a 5th wave elliot wave move. will wait for a retracement for a nice buy opportunities. let see how this plays out over the long term. The upcoming us election could be a catalyst.
Market has a strong daily momentum break of the 0.6885 resistance level. then it stall for 4 days. this could be due to position accumulation.
Any movement from this point (either bullish or bearish) will be quite big.
My bias on this pair is bullish another retest and rejection of the 0.6885 daily support will present a nice long opportunity with a great risk to...
after breaking a weekly counter trendline, we are coming back for a retest of a region with multiple confluence. taking a short on this region gives a great risk to reward ration. will be watching UJ closely on market open for an entry
