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DailyFX Home /
Forex Technical Analysis /
Daily Technical Analysis
Elliott Wave Bias Table
| Symbol | Bias | Time Frame | Invalidation | Objective | Chart Links |
|---|---|---|---|---|---|
| EUR/USD | flat | View Chart | |||
| USD/JPY | flat | View Chart | |||
| GBP/USD | flat | View Chart | |||
| USDOLLAR | flat | View Chart | |||
| USD/CHF | pending | View Chart | |||
| AUD/USD | pending | View Chart | |||
| USD/CAD | flat | View Chart | |||
| NZD/USD | flat | View Chart | |||
| OIL | flat | View Chart | |||
| GOLD | flat | View Chart |
Gold Trying to Carve a Bullish Base?
Weekly
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Are you new to FX or curious about your trading IQ?
Commodity Analysis: Gold didn’t quite trade to new lows but silver did on Monday. Non-confirmations (divergences) of price extremes between related assets often mark market turns or at least the beginning of a reversal pattern. Gold’s low was also at a downward sloping trend channel. It’s best to turn neutral.
Commodity Trading Strategy: Flat
LEVELS: 1307 1322 1354 1420 1439 1470
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