Gold Gold Daily Video, April 03, 2023

[Sive Morten]

Good morning,

Gold keeps bullish context but recent action was a bit lazy and Friday's pullback a bit strong. For now we keep an eye on intraday support areas and watch how gold response to them:

 

[minimax]

Here is how I see €$.. current situation and big TF.. we can go very low but I think we might just grab the stops bellow recent LL.. or not..
If anyone intersted in daily €$ Elliot wave analysis, limited offer for this week ahead, interesting..

https://pureelliottwave.com/2023/03/eurusd-elliott-wave-and-technical-analysis-charts-mar-30-2023/

 

[Sive Morten]

Here is how I see €$.. current situation and big TF.. we can go very low but I think we might just grab the stops bellow recent LL.. or not..
If anyone intersted in daily €$ Elliot wave analysis, limited offer for this week ahead, interesting..

Hi mate, well, 1.35 is a strong challenge, but what the fundamental potential background might be?

 

[minimax]

Hi mate, well, 1.35 is a strong challenge, but what the fundamental potential background might be?

FED in May ??

 

[Sive Morten]

FED in May ??

Hm... I still think about +25. No chance for -25. Flat? But will it be enough to push EUR to 1.35? It seems that something more radical is going to happen with USD. For the truth sake - there are a lot of sides from it could fly...

 

[minimax]

Remember this? December 2008, Iraq said they would be selling oil for €.. This is DAILY chart..