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XAUUSD is in a down trend forming an impulse 5 points and currently in 4th wave also forming a triangle wave.

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GBPUSD in Correction Cycle trying to reach B and start going downward to C in a motive wave

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after gbpusd broken the pressure zone last week before market close, i think that it will continue in uptrend channel until it touches the Demand zone and returns back to Support level that it left that Gap behind last week.

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Gold broken the bearish channel and started collecting power in small area of support and resistance to reach the Powerful Supply and Demand zone.

Zhikaaa Updated 

GBPAUD is building their start point to complete wave 3 and reach their destination to complete the cycle. Also we can see it moves in a downside parallel channel. And after it touched that strong supply zone its time to complete their bearish trend.

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GBP performed a nice AB correction and now in a impulse move of C wave that facing several support and resistance zones and trying to go inside the bullish channel

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Updated idea of my previous analysis about eurusd that didn’t gone well. Btw because of the strength of the down trend the B wave extended into double zigzag and now I’m waiting to the market to perform running flat as the down trend is strong but if the zone is broken it will perform expanded flat as well.

Zhikaaa Updated 

Simple description: A started with Zigzag therefore B must be a Flat and C is usually Motive and the entire pattern is 3-3-5(Flat).

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EurAud is performing nice double zigzag correction that collecting power by touching the demand and then reach the supply also 0.618 of fibonacci retracement

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Starting its route to wave 3

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Eurnzd in flat correction trying to complete B wave

Zhikaaa Updated 

as you can see the entire pattern had finished its route, and now its in the retesting area after that we have a 3 Support Zones we can also name them 3 TakeProfit Zones.

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Sorry for that mistake but the pattern will be like that

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Simply if you understand Elliott waves and read them you’ll see Wave A is a flat and wave B is Zigzag and as usual wave C is an impulse. the pattern is finishing their job and the trend resumes his way down.

Zhikaaa Updated 

because wave 2 is Sharp Correction(Zigzag) then Wave 4 must be Sideway Correction and that zone that I put wave 5 in it it's so strong that I believe wave 5 can't reach his destination and check my next idea that i believe this impulse is the wave E in triangle Pattern

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Check out my last idea about EURJPY the A and B waves Completely Reached their Destination as I mapped the Pattern Exactly and now developing C Wave as a Motive Wave

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Check out my previous idea about gold that developing impulse wave i believe that this is a Triangle and the breakout doesn't count as direction for larger trend as R.N.Elliott Described E wave in "Wave Principle' that wave e is often will be Below or Above his destination

Zhikaaa Updated 

Because the first wave A started with a 3-3-5(flat) correction then wave B must be 5-3-5(ZigZag) correction and therefore A is 3, B also 3 and usually C is 5 then its 3-3-5 flat Correction but still i don't if its (regular, expanded or running)Flat