QuitMyJob
Short

XAUUSD TRENDLINE VIOLATION...YEAR 2016 SUPPORT UNDER ATTACK

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
113 views
8
113 0
XAUUSD is in trouble. I believe this trend line violation starts the retest of the 2016 support, which will fail. I adhere to Elliot Wave Theory. I believe we started the C Wave in July 2016 and starts the C fractal of Wave C late February 2017. Today's trend line violation ended the retest/confirmation of fractal C resistance.
Comment: Former trend line support has become current resistance.
Comment: Bearish engulfing candlestick
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out