FUNTRADER-Vera

2506 XAUUSD there is no obstruction before 1465-1470

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
This is a weekly chart.
Now only weekly chart could give us a overall view on gold where to go with such strong trend as its 3rd super wave of 3rd super grand wave.
Gold was rejected once by the middle line of the channel in Feb. And now it is retaliatory rising to 1465-1470 where is the fibo 1.27 for bothe 1st wave.
There is no strong or clear obstruction ahead that could stop it from reaching there.

LESS IS MORE!

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