In this stage of the market we can see a failure to want to move upwards, which will only present us with a setback.
In this stage of the market. We are considering a setback, which we believe will reach maximums in the EPA area, which we hope you respect. The market sent us a Shooting Star as a sign of the possible downward change. Being a single candle we do not find or present another type of candle combination.
Return to the consolidation rectangle for which you will look for a new High.
Our long-term GOLD projection must first overcome the first line of resistance placed to continue with the pattern which should become support sometime later.
We are waiting for the market to make a small projection in terms of the retracement breaking the trend line which will be resumed later
In this section of the currency we could expect a change of lesser degree since we are in 1H the method to be applied to predict the great change we are using is the Wolfe Wave method by which we expect the change of least quantity