FX:XAUUSD   Gold Spot / U.S. Dollar
224 2 13
in long term we are in bullish wave 2 of 5 of 5 .
this corrective wave has two scenarios .

first one ;
wave 2 of 5 of 5 is in progress 3-3-3-3-3 (abcde)
we can buy in the range of 1332 - 1331 with stoploss 1329 to 1357
then sell in the range of 1357 for 1333 with stoploss 1367
buy again in the range of 1333 for 1364 with stoploss 1329



with a break of 1329 , the second scenario will be activated.

if 1329 broke , sell for 1317
then buy in the range of 1317 -1315 for 1363 with stoploss 1310

if 1310 broke sell for 1280
Trade closed: target reached: we bought 1336 to 1357 and target reached
then sold in the range of 1354 -1357 to 1337 and target reached

bought again in 1337 and now we wil be waiting 1354

to continue 1350 - 1356-1362-1368 are very important resistances


i expect breackout the resistance and triangle in long term for 1390 -1400-1420
Your analysis is perfect ///
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Bravo!
Your analysis is perfect and exactly match the market.
Go ahead and let us have your analysis more and more
Cheers
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