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Nightwish
Sep 2, 2017 6:21 AM

XAUUSD Long

Gold/U.S. DollarFXCM

Description

Gold long, setup follows the best EW count I could get, showing EW2 with potentially very accurate EW3 as PRZ for EW4 as bearish crab fill at 1531.00 ( exact price depends on broker ). I have to underline that price has created few lower PTZ on daily TF. In order to get bearish crab filled price has to invalidate 1376.00. Anyway, I see 1531.00 as the highest possible EW3 combining the system I trade, EW as orientation and harmonic patterns for targeting and actually, previous support now resistance to test in this setup.

Trade at your own risk.
Comments
Nightwish
Thanks guys.
fhsk2001
Good mate. It seems that wave 4 of first macro wave is too shallow but why not? Otherwise the chart looks realistic.
krescht
Good eye fully agree
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