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AlexPalmaFXTrader
Oct 14, 2020 12:03 AM

Gold Update working on a Complex correction or WXY Short

GoldOANDA

Description

Hello traders,

I haven't done an update on Gold in a while, here is where we stand right now
Since August 6 2020 we have been working a very tricky complex correction WXY where wave W is a Zig-Zag wave X a Triangle and 3 waves down (ABC) for wave Y.
We are still working on wave B (expanding triangle) of Y. I will be looking for short entries once a breakout occur below triangle support trendline and my targets will be as shown on chart
Thanks !
and don't forget to hit Like.
Comments
Saeed966
thanks for sharing! this is what I see on XAUUSD:
Saeed966
++
AlexPalmaFXTrader
@Saeed966, great
SunnyHillCapital
Well applied Elliott Wave analysis, thank you for sharing your perspective!
AlexPalmaFXTrader
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