TheCryptoChartWhisperer
Long

XAU/USD GOLD Day Trade Part 2

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
test

XAU/USD I see 3 things and 4 if you wanted to inject the head and shoulders pattern. We have a regular impulse wave 1-5 with extended wave 3 with wave 5 ending at the bottom the drawdown $1,453. Second I see what looks like a diverging leading diagonal on wave d. The max downside would be $1,422. Third is the ghost bars generated, which shows us hitting the pivot one last time at $1506 before saluting the world and going down like a bag of boulders.

EP $1,467
https://imgur.com/a/9OZXpSd

Future entry might be 1466.88 coming up =)
Sep 30

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