A clear view of what we are looking at on larger time frame as we trade the higher degree structures.
May be the last "DIP" down since price is around the 61.8% retracement level of the previous daily timeframe Impulsive move.
We are long on #Gold convinced that the corrective structure is over and we should be on an impulsive move now!
Short to long-term moves on our "Sonic Radar" Expecting a corrective move to 2.3808 zone which coincides with the 61.80% Fibonacci retracement level to complete a 4th wave then a move down to 1.8104 to complete a 5th wave.
We have buys in here meaning sells in Xxx/Usd pairs and buys in Usd/Xxx pairs as usual (Short term)
Expecting sells here to retest previous lows on Daily Time frame. Details on the chart
Expecting a buildup of a running flat for more upside
We are buying the breakout of this consolidation to retest Daily Trendline.
Expecting a retest of the daily time-frame short term targets
This whole move is corrective... The downside will be more dominant on long term
Currently a running flat building up for more sells to break the lows then the bulls take over.
Currently on an extended 3rd wave (Y) and this whole mo0ve is corrective. On lower timeframes we have shorterm sells then one more move up before long term sells.