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Market-Right-Side
May 30, 2023 10:21 AM

XAU - H4 (Short Term) is Bullish Long

Gold / U.S. DollarFOREX.com

Description

Technical Analysis:

- Gold (XAU) has just now made a new high since July, 2020
- It has a Weekly and H4 Bullish Structure
- Now the wave (2) in blue is about to complete
- H1 and H4 is turning up

Technical Information:

- If you're swing trader you can buy when the wave (2) is completed
- Do't sell XAU now

Trade active

- XAU still continues to follow our forecasts
- For any structural changes in the price action we can update the forecast chart

Comment



- XAU is doing exactly what we forecasted in our last chart
- Forecasts still same

Comment



- XAU is strong and it will must now complete wave ((2)) in black
- The Forecasts in top continue the same
- There is a buy opportunity when wave ((2)) in black is completed

Comment



- XAU is exactly following our forecasts
- Wave ((2)) in black is completed now
- Next opportunity to buy must be in wave (2) in blue but for that we need more data to analyis
- Both H1 & H4 right side are turning up
- Don't sell XAU now

Comment



- XAU is following our forecasts
- Wave (2) in blue is completed now
- Both H1 is turning up & H4 right side is up
- Don't sell XAU now

Comment



- Following our earlier forecast, but wave (2) is still about to be completed with a marginal extend
- H1 right side is up
- H4 right side is turning down

Comment



- XAU is following our forecasts but wave ((2)) in black will extend little bit more
- H1 and H4 right side is turning down.

Comment



- XAU is exactly following our last forecasts
- H1 right side is turning up
- H4 right side is turning down

Comment



- H1 & H4 right side is turning down
Comments
azitanorozi16
good idea
I think so
Market-Right-Side
@azitanorozi16, thanks a lot for your support
TORNADOF5
1827 if we make a sholder i think O,O
Market-Right-Side
@TORNADOF5, OK... thank you very much
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