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EURUSD Looks Lower as Silver & Gold Prices Consolidate Near Highs
EURUSD fell to new lows last week while silver and gold consolidated near their highs. These trends appear incomplete according to Elliott Wave Theory. The video above is a recording of a US Opening Bell webinar from July 29, 2019. We focused on the Elliott wave patterns for key markets such as EURUSD, silver, gold and GBPUSD. EURUSD Tests recent lows During last week’s webinar, we highlighted the potential for EURUSD to work itself to a new low below 1.11 and possibly down to the 1.10 handle. Either one would clear the previous support formed in 2019. The price movement from last week did follow through to the ... (full story)