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PHICAPITALINVESTMENTS

(D) XAUUSD GOLD 3-3-5 FLAT CORRECTION

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
PHICAPITALINVESTMENTS Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD AU flatpattern correction upside Bullish Flag
4
0
trendanalysis chartpattern waveanalysis gold xauusd au flatpattern correction upside bullishflag
Looks like a nominal 3-3-5 Flat correction with some overselling on Gold, should turn for upside soon.
Comment:
Keep in mind on the macro time frame for Gold, it is also possible we are forming a multi decade 3-3-3-3-3 Triangle pattern for upside, perhaps Expanding Triangle. Need to see the smaller time frame Flat mentioned above get invalidated first to be confident in this.

snapshot
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