Weekly Forecast 18 - 22 October 21

 ETHUSD

The second liner of the crypto sphere, Ethereum had a bullish week, after the SEC decided to ease their regulations on cryptos ETFs. The silver lining is finally here after a 7-year wait.

 RSAlert issued the current Buy signal weeks before the SEC’s announcement and ETHUSD has not looked back since. The nearest target is September’s high, 3986, also waiting to be tested is TP4 at 4582.

XAUUSD

Gold had a roller coaster week, moving up from the support at 1763 to a high of 1800. After the issue of RSAlert’s H4 Buy signal, prices pulled back to the support.

The SL 1708 looks unharmed and there’s a high probability of a bullish swing extension to at least TP3 this week.