On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
GOLD: bulls showed weakness
TP $1250 TP2 $1235 TP3 $1224
On the daily chart, the second attempt of bulls to return the quotes inside the previous medium-term bullish channel failed. If bears manage to let gold outside the short-term bullish channel and then pull the price below support at $1250 an ounce, the odds of reaching 88.6% target of the Shark pattern will strengthen.
On H1, bears still have a chance of the “Widening wedge” pattern. For that, there’s the need of successful test of support at $1267 and $1252.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…