Technical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - H4
It has completed the Corrective Waves " ABC " After a Long Impulsive waves and Seems that if it Rejects with Strong Bearish Price Action then it can Again Follow Impulsive waves
In Short Time Frame #STF we have RISING WEDGE with the Breakout of Lower Trend Line #LTL and Retracement
It can Follow Some Bullish Moves if it Rejects till the Fibonacci Level - 61.80% to complete its " 4th " Wave
XAU / USD ( Gold / U.S Dollar )
Time Frame - H4
It has completed the Corrective Waves " ABC " After a Long Impulsive waves and Seems that if it Rejects with Strong Bearish Price Action then it can Again Follow Impulsive waves
In Short Time Frame #STF we have RISING WEDGE with the Breakout of Lower Trend Line #LTL and Retracement
It can Follow Some Bullish Moves if it Rejects till the Fibonacci Level - 61.80% to complete its " 4th " Wave