Strong resistance is at 1360.1 (red line). Although it does not look like it, I would still expect a higher high tomorrow ... or just until Friday. As long as 1305 is not broken, I stay with this view.
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Gold also falling the next H4 candle. Then it will be interesting.
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Daily = butterfly = bearish I count with 6 bearish days (from the last daily high)
Intraday daily first support around tenkan. Tenkan-Kijun cross = daily = bullish
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Assuming I am right, then I would favor the wave 4 falling to 1305.27.
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Tomorrow daily needs a HH as today and therefore, if the b does not run over 1341.66, then the c as in the chart.
Hereby I would like to contact all followers and inform that I am - until further notice - in the holidays and will take part in the updates only occasionally.
Wish you all a good time and many successful trades.
Take care of yourself and see you then ;-)
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i If there is no closing price (daily & weekly) below $ 1381(the red line), then gold could stay above it for another 3 weeks in july. If the price falls below that level, then the next target would be $ 1341.
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.