AndyM
Long

XAU pending thrust out of triangle to 1203

FX:XAUUSD   Gold / U.S. Dollar
XAU has completed the first five of the correction, now in triangle, completing wave E. We need another five to finish the correction, so I expect the thrust out of triangle will deliver it. We will likely travel "into the price territory of wave 4 likely near its terminus" - approx. at 1203 where strong resistance also resides.
I do believe this upward movement will coincide with the last leg of EUR correction, Oil             moving up one last time in subwave 5, USDCAD             down in wave C. Then a good reversal will happen.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out