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So this pair we have been selling all week . Next week be careful we might start a bullish push or a correction phase

GBPUSD .. price will most likely start trading toward the depth support . If price opens correctively next week then we are probably going to see a correction pattern form throughout the week

GOLD SEASONAL TENDACY ... when we are approaching the moth of July we will most likely see some bullish pressure to start the month according to gold own seasonality .

So what does this mean to our XAUUSD analysis

XAUUSD (1D) . Gold daily analysis ,we should expect bearish continuation next week then probably the week after price will most likely start trading wave 4 which should drag until mid July then price should start trading for wave (5) during the letter stages of the month. we should start seeing bullish drive during the moth of august where we will be buying up to the end of the year ( this is the time we hold gold positions for weeks as we will most likely swing trading)

XAGUSD (SILVER ) following the same blue print as gold as these two instrument do move the same but I strongly thing silver will start trading bullish slightly earlier that gold (around late July) because historically this pair reaches the bottom earlier that gold , but the general idea is the same

We will be trading these pair frequently now that we are approaching the month of AUGUST when price is straight trading higher

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