Anastasys

XAUUSD - DAILY Wave Forecasting

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
High probability prices will rise soon because of a Falling Wedge pattern
Plan A = price broke upwards through resistamce, make a pullback, then up
Plan B = price broke downwards through support, then make a pullback on the second support

Entry Idea =
- BUY now
- Wait for a price broke upwards through resistence and make a pullback, then BUY
- Wait for a price broke downwards through support then make a breakout entry SELL
(please consider first with the analysis on the lower time frame)


Always rely on the bigger time frame (check the related ideas)

Check latest post for updated analysis !




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