SteveTan

GOLD still targeting > 1833. 31/Oct/21

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD wave iv ( Cyan /Light Blue) having pullback which is much deeper . Price seem hold at the lower line (cyan/light blue dotted) of wedge /expanding ending diagonal pattern.. Long Gold until around 10 Nov 2021 (The Next Due daily Cycle) toward around 1870 till around 10 Nov 2021.. 1870 Price Zone are :- 1) The yellow(dotted) downtrend resistance.. 2) Next Major Daily Supply Zone ( Cyan Rectangle Box) AND .. 3) Upper Tend line Resistance ( Red Dotted) of the wedge / Expanding Ending Diagonal pattern . Stop Lost for the long would be @ 1760.15 the starting point of wave i (Cyan/Light Blue) of expanding ending diagonal pattern.
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