The current structure of the XAUUSD pair hints at a global correction pattern, which takes the form of a cycle triple zigzag. The last section of the chart shows the structure of the bearish cycle intervening wave x, which looks completed in the form of a primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Perhaps, after the completion of […]
The post XAU/USD: It Seems that Bulls are Ready to Form a Cycle Wave z appeared first on Action Forex.
Key Highlights Ethereum climbed higher toward $2,450 before the bears appeared. A bullish trend line is forming with support at $2,100 on the daily chart of ETH/USD. Bitcoin price seems to be facing hurdles near Read more…
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Gold and Silver are not responding to Dollar—and that is a warning signal. Despite a weaker USD at the start of the week, both Gold and Silver have failed to attract meaningful buying interest, trading Read more…