The #AUDUSD has rejected the negative trend line resistance and is following the same trend as #GOLD - we have a bearish bias on the AUDUSD and GOLD this week. It appears as though we will see a period of US dollar strength #DXY
#GOLD has reached a major negative trend line resistance. We are expecting a pullback from these levels before the next large move. Watch the #DXY to complete a 5-wave decline over the next 24-48 hours.
#GBPUSD - Potentially one more high to complete a 5-wave rally to the upside. The wave (i) top at 1.1595 is our bullish invalidation level. Upside targets can be found at 1.22-1.24
Macros with Tony
The #AUDUSD has rejected the negative trend line resistance and is following the same trend as #GOLD - we have a bearish bias on the AUDUSD and GOLD this week.
It appears as though we will see a period of US dollar strength #DXY
3 years ago | [YT] | 1
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Macros with Tony
#GOLD has reached a major negative trend line resistance. We are expecting a pullback from these levels before the next large move. Watch the #DXY to complete a 5-wave decline over the next 24-48 hours.
3 years ago | [YT] | 2
View 0 replies
Macros with Tony
#GBPUSD - Potentially one more high to complete a 5-wave rally to the upside. The wave (i) top at 1.1595 is our bullish invalidation level. Upside targets can be found at 1.22-1.24
3 years ago | [YT] | 2
View 0 replies