GOLD is still beneath 1119 so bearish intraday trend remains in play as bounce from the low was in three waves. However market is very slow, so it’s maybe better to wait on break beneath 1100 before further weakens can be considered.
Gold 30min Elliott Wave Analysis
GBPUSD is slow, so move down from a latest swing high is looking corrective, ideally it’s wave B of a second zigzag that is pointing for push to a new swing high, up to 1.5700 area where we would be looking for possible bearish reversal.
GBPUSD 1h Elliott Wave Analysis
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