USDCHF is showing a ...from CLOVER GOLD FX

USDCHF is showing a completed corrective structure followed by a rising wedge which often signals trend exhaustion and potential reversal The market formed a clear five wave decline that respected a strong demand zone and from that base price moved higher in a corrective manner labeled as a b and c Inside this move price is compressing within a wedge structure which indicates weakening bullish momentum . The sharp rejection from the upper boundary of the wedge suggests sellers are stepping in With price failing to hold higher levels the probability favors a bearish continuation toward the previous demand zone. This setup aligns with technical structure momentum behavior and market psychology making downside movement the higher probability scenario if confirmation continues.

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Don’t let market drops scare you; they are often just the preparation for the next major leap. Wave (i) is complete, and price is now gathering strength within the Wave (ii) correction for the next powerful Impulsive move. The Bow Must Be Drawn Before the Arrow Flies! The blue box on the chart (the 0.5 - 0.618 Fibonacci zone) represents the point where the bow is most taut, ready to release the arrow. For the patient trader, corrections aren’t a sign of a reversal; they are your ticket into the main trend.

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XAUUSD shows a clear bullish structure supported by repeated demand reactions and a well respected ascending trend support that confirms strong buyer control. The market created higher lows and higher highs which signals healthy continuation momentum while the recent impulsive move left an imbalance gap that often attracts price for mitigation before continuation. Demand zones below act as a solid base where institutions previously accumulated positions which increases the probability of bullish defense on pullbacks. From a fundamental perspective gold remains supported by global economic uncertainty expectations of easing monetary policy and ongoing demand for safe haven assets which aligns with the technical bullish outlook. As long as trend support and demand remain intact the bias favors continuation toward the next demand area above with pullbacks viewed as potential buying opportunities rather than trend reversal signals.

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The GBPCAD 4H chart shows a corrective phase completing after a broader bearish structure followed by a developing bullish reaction from strong horizontal support around the 1.8330–1.8350 zone. Price previously respected a descending channel and completed an impulsive move down, labeled into a five-wave decline, indicating bearish exhaustion near wave 5. From this base, the market formed an ABC corrective structure where price repeatedly defended the same horizontal support, highlighting strong buyer interest and liquidity absorption. The recent decline into point C aligns with a higher-probability reversal area, suggesting sellers are weakening while buyers are gradually gaining control. As long as price holds above this support, the structure favors a bullish recovery with upside potential toward the previous corrective high near 1.8650, which also aligns with the dotted resistance projection. A clean hold and bullish confirmation from this zone could trigger a sustained move higher, while a decisive break below support would invalidate the bullish outlook and reopen downside risk.

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