XAUUSD is coming ever closer to a bullish reversal and a new high that gold bulls are betting on. Technical indications observed here.
I am banking on XAUUSD to follow a price pattern that USDSGD printed earlier this year. If the same happens, we have a long setup.
4 daily charts of EURUSD, EURCHF, XAUUSD and DJ30 looking for trigger.
Look at NZDJPY which has potential to fall off a cliff and make a big move. SiMSCI could have topped with a very common reversal pattern. XAUUSD is also looking toppish and could turn out to be a disappointment to gold bulls.
Support and resistance levels drawn based on End-Of-day Close (forex pairs based on GMT+3, XAUUSD GMT+2). Pairs are USDJPY, XAUUSD, NZDUSD, EURUSD, AUDUSD, USDSGD, USDCHF and USDCNH. Charts from MT4.