EUR/USD - Still nothing new to add. We are locked in the narrow range between 141.85 and 145.17. Go with the break.
Gold is at my target near 1,905. Looking at the structure I think we still are missing one more new high, but for this to happen we can't break below 1,857.20. Any break below 1,857.20 will indicate that the top is in place, but only a break below 1,813 confirms the top for a major decline towards the 1,308 - 1,431 area at least.
Minor purple wave ii of red wave v down is still ongoing. We could see it work its way slightly higher, but should be near the top for a decline below 82.00 to confirm the next move towards at least 75.67 and my red wave v target near 72.00.
EUR/USD - Still nothing new to add. We are locked in the narrow range between 141.85 and 145.17. Go with the break.
Gold is at my target near 1,905. Looking at the structure I think we still are missing one more new high, but for this to happen we can't break below 1,857.20. Any break below 1,857.20 will indicate that the top is in place, but only a break below 1,813 confirms the top for a major decline towards the 1,308 - 1,431 area at least.
Minor purple wave ii of red wave v down is still ongoing. We could see it work its way slightly higher, but should be near the top for a decline below 82.00 to confirm the next move towards at least 75.67 and my red wave v target near 72.00.
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