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BeyondEdge
Nov 24, 2020 10:05 PM

XAUUSD Elliott Wave Forecast - Fourth Wave Still in Progress 

GoldOANDA

Description

Hello all,

Price achieved 1800 today and had an initial bounce of the horizontal support. It's possible that it can drop into the 1750 - 1760 zone.

The corrective structure is still in formation. As mentioned in my previous idea, expecting to see a lower degree correctional structure forming over the next month to get a better idea of where the best possible entry will likely occur. Price action will likely be choppy.

Follow me for more updates on this one.

Trade safe,
Beyond Edge


Disclaimer

This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.

Do not trade or speculate based solely on the information provided. Trust your own analysis.

Beyond Edge
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