from last analysis. Gold touched level 50% Fibonacci and create double top pattern. News will be published at 5:00 PM.
16:45 ADP is to be released The market can rise to the level of 50% or 61.8% and then fall to the price of 1720 if not broke level 50% and 61.8% 18:30 PMI index will be released. At 18:30 the market will be at 50% or 61.8% and then the market will decline.
GBPUSD completed the Elliott wave pattern and now completes an ABC pattern The stochastic index is in the weekly time period and the daily time period in the sales area strong support if not broken. price goes up in the futures
market completed a ABC pattern and now reversal from price 1754 support to up (((((( if not broke 1754 support))))))
Price return is possible From 50% and 32% and 62% (((if not broke this Fibonacci .32 . 50 . 62 )))
if not broke support 1 and 2 USDCAD completed a elliott 5 wave cycle my opinion is up trend if fall gold USDCAD goes up
The USD interest rate will be released on July 28 If the dollar strengthens, gold will experience a heavy fall if this idea is true. gold goes to price1670
EURJPY is in a very good position now. The support of wave C and wave 5 in wave C are place on top of each other. blue support for wave 5 in the wave c and red support for wave C this is support is very strongly and this pattern is Ideal EURJPY in futures day is up trend.
scenario 1 : gold now in the up trend channel and want goes to up trend line . if not broke up trend line will reversal to down trend line . scenario 2 : if broke up trend line gold goes to point 0.382 . if broke 0.382 goes to 0.5 and 0.618. scenario 3 : price reversal from line 0.382 and goes to down trend
if not broken strong resistance in price 1890 gold goes in price 1830
If not broke resistance in futures EURUSD will return to up trend. now EURUSD in the correction pattern
if broke resistance .price goes to targets
gold broken the channel and want pullback to trend line. if will not broke trend line to up gold go down to price 1822 or 1814 news time volatility is very high
gold now in wave 2 if wave 2 end , will begin wave 3 .wave 3 is a strong wave if not broke line 61% wave 3 will begin
Bitcoin is in a down trend goes to the price of 22,000 (goal 1) Goal 2 bitcoin is a bit impossible (target 2)
Now gold in density of flag pattern. if broke density. gold will go to price 1920
News moved gold to price 1870. There is good support in price 1870. if not broke price 1870 will return price to 1890 or 1900