Pivot (invalidation): 1.3280 Our preference Short positions below 1.3280 with targets at 1.3240 & 1.3220 in extension. Alternative scenario Above 1.3280 look for further upside with 1.3300 & 1.3320 as targets...
Pivot (invalidation): 0.9165 Our preference Short positions below 0.9165 with targets at 0.9135 & 0.9120 in extension. Alternative scenario Above 0.9165 look for further upside with 0.9185 & 0.9200 as targets...
Pivot (invalidation): 105.80 Our preference Short positions below 105.80 with targets at 105.50 & 105.40 in extension. Alternative scenario Above 105.80 look for further upside with 106.00 & 106.15 as targets...
Pivot (invalidation): 1.2960 Our preference Long positions above 1.2960 with targets at 1.3010 & 1.3035 in extension. Alternative scenario Below 1.2960 look for further downside with 1.2935 & 1.2900 as targets...
Pivot (invalidation): 1.1770 Our preference Long positions above 1.1770 with targets at 1.1800 & 1.1815 in extension. Alternative scenario Below 1.1770 look for further downside with 1.1750 & 1.1735 as targets...
The daily right side is up against 8/16/2018 low at 1159. The 4 hour is turning down against 2075. While above 1848 where the hourly is turning up Gold can correct the cycle lower from 2075 before another swing lower to correct the cycle up from the March lows...
It turned out that a so-so Non-Farm Payrolls report, the last before the presidential election, was not the worst piece of news that broke for the White House on Friday...
Pivot (invalidation): 37.15 Our preference Long positions above 37.15 with targets at 38.40 & 38.80 in extension. Alternative scenario Below 37.15 look for further downside with 36.65 & 36.00 as targets...
Pivot (invalidation): 24.2000 Our preference Short positions below 24.2000 with targets at 23.6600 & 23.4500 in extension. Alternative scenario Above 24.2000 look for further upside with 24.4000 & 24.6000 as targets...
Pivot (invalidation): 1912.00 Our preference Short positions below 1912.00 with targets at 1889.00 & 1881.00 in extension. Alternative scenario Above 1912.00 look for further upside with 1917.00 & 1926.00 as targets...
Pivot (invalidation): 3323.00 Our preference Long positions above 3323.00 with targets at 3396.00 & 3428.00 in extension. Alternative scenario Below 3323.00 look for further downside with 3305.00 & 3275.00 as targets...
Pivot (invalidation): 12610.00 Our preference Long positions above 12610.00 with targets at 12800.00 & 12870.00 in extension. Alternative scenario Below 12610.00 look for further downside with 12540.00 & 12470.00 as targets...
Pivot (invalidation): 7.7190 Our preference Long positions above 7.7190 with targets at 7.7860 & 7.8250 in extension. Alternative scenario Below 7.7190 look for further downside with 7.6900 & 7.6650 as targets...
Pivot (invalidation): 0.7155 Our preference Long positions above 0.7155 with targets at 0.7210 & 0.7225 in extension. Alternative scenario Below 0.7155 look for further downside with 0.7130 & 0.7110 as targets...
Pivot (invalidation): 1.3300 Our preference Short positions below 1.3300 with targets at 1.3265 & 1.3240 in extension. Alternative scenario Above 1.3300 look for further upside with 1.3330 & 1.3350 as targets...
Pivot (invalidation): 0.9195 Our preference Short positions below 0.9195 with targets at 0.9150 & 0.9135 in extension. Alternative scenario Above 0.9195 look for further upside with 0.9215 & 0.9240 as targets...
Pivot (invalidation): 105.35 Our preference Long positions above 105.35 with targets at 105.65 & 105.80 in extension. Alternative scenario Below 105.35 look for further downside with 105.20 & 105.05 as targets...
Pivot (invalidation): 1.2910 Our preference Long positions above 1.2910 with targets at 1.2980 & 1.3010 in extension. Alternative scenario Below 1.2910 look for further downside with 1.2890 & 1.2860 as targets...
Pivot (invalidation): 1.1715 Our preference Long positions above 1.1715 with targets at 1.1740 & 1.1755 in extension. Alternative scenario Below 1.1715 look for further downside with 1.1700 & 1.1685 as targets...