Hi Traders,
Gann numbers seem to be pointing to a very close TTP (time turning point) around December 19 plus/minus 1 trading day.
If this occurs, the US Dollar might temporarily top-and-reverse with major repercussions over the whole spectrum of currencies and commodities.
NOTE: volatility could be wilder across the commodities then with the currencies.
SOME POSSIBLE PIVOT POINTS
GOLD (now at 1131): reversal in the area 1114-1129, TARGET: around 1476 or the area 1526-1532.
WTI OIL (now at 51.17): reversal in the area 49.70-49.87, TARGET: area 61.49-63.58.
EURUSD (now at 1.0438): reversal in the area 1.028-1.036, TARGET: 1.138.
AUDUSD (now at 0.7358): reversal around 0.7330, TARGET: 0.7468.
USDSGD (now at 1.4413): reversal in the area 1.4685-1.4725, TARGET: around 1.41 and also 1.37.
USDJPY: (now at 118.09): reversal in the area 118.8-120.3, TARGET: 110.72-111.89.
Gann numbers seem to be pointing to a very close TTP (time turning point) around December 19 plus/minus 1 trading day.
If this occurs, the US Dollar might temporarily top-and-reverse with major repercussions over the whole spectrum of currencies and commodities.
NOTE: volatility could be wilder across the commodities then with the currencies.
SOME POSSIBLE PIVOT POINTS
GOLD (now at 1131): reversal in the area 1114-1129, TARGET: around 1476 or the area 1526-1532.
WTI OIL (now at 51.17): reversal in the area 49.70-49.87, TARGET: area 61.49-63.58.
EURUSD (now at 1.0438): reversal in the area 1.028-1.036, TARGET: 1.138.
AUDUSD (now at 0.7358): reversal around 0.7330, TARGET: 0.7468.
USDSGD (now at 1.4413): reversal in the area 1.4685-1.4725, TARGET: around 1.41 and also 1.37.
USDJPY: (now at 118.09): reversal in the area 118.8-120.3, TARGET: 110.72-111.89.
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