OANDA:XAUUSD   Gold Spot / U.S. Dollar
For perennial move of gold we decided to label it as wave B flat with minimum target of 1445$.
Regarding to time and strong move proportion of wave e, diametric pattern is valid with a few changes in channel structure.
Due to similarity of wave e and wave c and structure of lower time frame, it seems that wave e still continue and trend for next 1 or 2 months is ascending.
In addition, there is chance of rising about 50 to 100$ but finally it will decrease to complete other waves of diametric pattern.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out