USDJPY is negative (at time of publishing)
GOLD is positive (at time of publishing)
Gold has surpassed the pivot R1, retraced, kissed the MA 52 this is our ENTRY signal.
USDJPY positive (at moment of publishing)
GOLD negative (at moment of publishing)
Gold has surpassed the pivot P, retraced 2 times, if surpasses again P that is our ENTRY signal.
finished an Elliott ABCDE
bounced back to mid line of channel
Stochastic RSI 60' confirms retracing back into lower trend
target is crossing point between lower line of descending channel and trend line
todays USD data/news should push USD up again
USDJPY is retracing down towards the downward channel that it exited last week.
Andrew's pitchfork drawn on Daily chart.
Elliot ABCD triangulation drawn on past 3 days of downward movement.
TARGET: Where the E point meets the middle line of Andrew's pitchfork.
Sunday 9 there wil be the 2nd US Presidential debate, it may ...