06 - 10 December |
weekly
forecast 06 - 10
December Gold Weekly Review Wave Analysis Last week, Gold markets rallied to the lower side but could not break below the level 1760.65. As long as the price does not clearly break and close below this level, this remains to be a good place to consider a possible long term buy position. The anticip | ||
2021 | EURUSD | GBPUSD | USDJPY |
10 December | Wave Analysis: Yesterday, the US Dollar rallied to the lowerside and is still pretty much bearish both on the daily and on the 4 hours chart. As we mentioned during the previous session, we are looking forward to a possible long term sell position and may see the price break and close below 1.1167 | Wave Analysis: The British pound closed as a bullish candle. However, this is the continuation of a retracement to the upperside but should not go beyond 1.33552. As long as the price remains below this level, I expect nothing but a possible long term sell position towards 1.27930 and may continue | Wave Analysis: During the previous trading day, nothing much happened on the USD Dollar, following the bounce from the lower supportive, we are yet to see any significant moves to the upperside as it is right now, we are looking forward to an impulsive wave count and may see the price break beyond |
09 December | |||
08 December | |||
07 December |