


MCY-TRADER-BTC_GOLD
Gold at the end of the week should set us up for a bullish comeback next week. It is possible that the price will correct below 2660 and then start to rise again, but the pattern leads us to say that it is starting to rise again.
Gold could resume its downtrend before rising again at the end of the afternoon, still on a downtrend I see.
The BTCUSD should continue its downward correction before resuming its upward trend. I'm aiming for 66,000, so we'll see where that takes us, bearing in mind that the first major block is at 67,000.
The GOLD is currently in a downtrend and could continue its slide towards the 2710 level. The US elections could help on a fundamental level.
The BTCUSD is currently in a range while we wait for the US elections, so in the meantime I can go and get my block lower.
In view of the forthcoming elections, the USDCHF could be trending upwards in November 2024. Let's stay tuned and observe
Gold could probably take us back to 2750 for the day. What happens at the US open remains to be seen.
The EURUSD has the potential for a bearish swing on the fundamental side, as the euro is not doing well! The forthcoming US elections on Tuesday 5 November 2024 could help the euro fall ... On my chart I have identified two zones, my black line which would give me a bearish candle and my trendline if the price is brought to break it could make the price fall below...
The BTCUSD is still bullish as it awaits its all-time high. I see a continuation of the rise for the week at the beginning of November.
The GBPJPY should continue its upward trend into November, so we'll see what the month has in store for us.
Gold will surely correct to sell for the afternoon, let's not forget that the trend is bullish
BTCUSD could correct towards its 50 moving average before going for its new all-time high
Let's fix the gold for the month of November with the US elections approaching
The EURUSD pair should continue its fall at the end of October, don't forget the elections that will take place next week in the USA which could show us another face with the financial markets
The EURCAD pair should correct us downwards for the end of the month with this beautiful bearish divergence, go and create a lower and higher
GBPUSD is expected to continue its downward week for this week with likely corrections.
Is the BTCUSD tidying up before the elections, a question that we must ask ourselves. If, on the other hand, we look at the price in different time frames, we can see a range where bearish and uptrends were set up, all due to the fractality of the market.