Pivot (invalidation): 56.00 Our preference Short positions below 56.00 with targets at 55.15 & 54.75 in extension. Alternative scenario...
Pivot (invalidation): 17.6900 Our preference Long positions above 17.6900 with targets at 17.9000 & 17.9800 in extension. Alternative scenario...
Pivot (invalidation): 1558.00 Our preference Long positions above 1558.00 with targets at 1564.00 & 1568.00 in extension. Alternative scenario...
Pivot (invalidation): 3304.00 Our preference Long positions above 3304.00 with targets at 3337.75 & 3350.00 in extension. Alternative scenario...
Pivot (invalidation): 13470.00 Our preference Short positions below 13470.00 with targets at 13315.00 & 13270.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9450 Our preference Short positions below 5.9450 with targets at 5.9190 & 5.9090 in extension. Alternative scenario...
Pivot (invalidation): 0.6855 Our preference Short positions below 0.6855 with targets at 0.6835 & 0.6825 in extension. Alternative scenario...
Pivot (invalidation): 1.3150 Our preference Short positions below 1.3150 with targets at 1.3110 & 1.3090 in extension. Alternative scenario...
Pivot (invalidation): 0.9685 Our preference Long positions above 0.9685 with targets at 0.9705 & 0.9715 in extension. Alternative scenario...
Pivot (invalidation): 109.40 Our preference Long positions above 109.40 with targets at 109.65 & 109.80 in extension. Alternative scenario...
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3135 & 1.3155 in extension. Alternative scenario...
Pivot (invalidation): 1.1070 Our preference Short positions below 1.1070 with targets at 1.1035 & 1.1015 in extension. Alternative scenario...
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) is in progress as a triangle while above the 1.2954 lows where the hourly is turning up...
The 4 hour right side is up against 12883 low from 12/10/2019. The hourly right side is up while above 12942. While above there expect the index to extend higher toward the 14000-14250 area in the daily wave ((3)) before it corrects the cycle from the 8/15/19 lows...
Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up...
Pivot (invalidation): 56.55 Our preference Short positions below 56.55 with targets at 55.15 & 54.80 in extension. Alternative scenario...
Pivot (invalidation): 17.8500 Our preference Short positions below 17.8500 with targets at 17.6600 & 17.6100 in extension. Alternative scenario...
Pivot (invalidation): 1554.50 Our preference Long positions above 1554.50 with targets at 1560.00 & 1563.50 in extension. Alternative scenario...
Pivot (invalidation): 3335.00 Our preference Short positions below 3335.00 with targets at 3313.00 & 3297.00 in extension. Alternative scenario...
