Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
Gold is moving in channels
SELL 1311 SL 1326 TP1 1281 TP2 1272 TP3 1250
SELL 1280 SL 1295 TP1 1250 TP2 1244
On the daily chart of USD/XAU, bulls have to break resistance at 1302. Then the pair may leave the descending channel, trigger and form a “Shark” pattern with the target at 88.6%.
On H1, XAU/USD keeps forming 5-0, “Broadening wedge” and AB=CD. A pullback of the pair from the upper border of the downtrend channel will allow bears to resume the downtrend.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
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…