thenry
Long

Elliot Wave (Distorted Music)

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
168 views
3
Hello Traders, Am currently looking at 2 "Key Levels" before Gold can progress upwards. The key issue is we need to test the "Bullish trendline" (Cayan). There is 2 ways to do that. "Option #1": We ride the "Bearish trendline" down to the 1249.00 area. Option #2: We do a faster, quicker move down to the 1226.00 area. Right now I am leaning towards "Option #1". Good Luck.

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