CFD Gold 1 Hour Chart Elliott Wave Perfect follow through on gold, after the prices retraced for 38.2% in wave ii as highlighted on Friday, before market collapsed sharply through wave i supports. A fall during Asian hours was very sharply and it seems we are trading impulsively, primary in wave ii which may reach 1670 area in the coming sessions.
EURUSD 1.3010 Technical Analysis TradingLevels: The corrective pattern on 130 is still going and it’s not tradable while its in SG1 of 130, if it finds support on 1330 then trade long to 131 area or if the 130 becomes resistance then the corrective pattern is completed and the next move down is under way and the 1.280 and 1.2772 is the important price point Elliott Wave: The Same - Wave (iv) is unfolding at 130 and potentially can move higher to 131, but it is corrective and once completed move down for wave five (v) of 3 Trading Strategies: Support on 1330 trade long. 1.30 as retested resistance day trading short
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