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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
2021-05-07 15:30:00
Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
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Oil Price Rally Vulnerable Amid Failure to Test March High
2021-05-06 14:30:00
Crude Oil Prices May Turn Lower From Key Chart Barrier
2021-05-06 05:00:00
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2021-05-08 08:00:00
Dollar Tumbles, Dow Hits Record Highs and Dogecoin Traders Tune In
2021-05-08 05:00:00
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Gold Price Forecast: Gold Bulls Re-Ignite Big-Picture Bullish Trend
2021-05-07 20:00:00
Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes
2021-05-07 14:25:00
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British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE
2021-05-07 16:00:00
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
2021-05-07 15:30:00
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Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
Monthly Forex Seasonality - May 2021: Sell in May and Go Away? Not for USD, Stocks
2021-05-06 16:30:00
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Gold Bursting Through TOP of Triangle

Gold Bursting Through TOP of Triangle

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gold_body_gold.png, Gold Bursting Through TOP of Triangle

Prepared by Jamie Saettele, CMT

“If a bearish triangle is unfolding from the May low, then today’s surge composes wave E (triangles unfold in waves A-B-C-D-E). Slightly higher levels are possible but price must remain below 1625 if the bearish triangle interpretation is correct. Exceeding 1625 would negate and shift focus to the June high above 1640.” Wait and see.

LEVELS: 1592 1598 1610 1625 1641 1672

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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