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Lionheart-EWA
Dec 6, 2016 3:13 PM

XAU/USD - GOLD - Bullish Divergence 

GOLD / U.S. DOLLARICE

Description

Short-Term BUY
Medium-Term SELL
Long-Term BUY

The Bullish Divergence has been confirmed, and according to the Wave Count, Minute Wave iii has ended, leaving room for Minute Wave iv to start its Correction.
A Correction is expected before the last Bearish Swing for Gold and after the last Bearish Swing within this Corrective Cycle, the trend will most likely continue towards the 3rd Impulsive Bullish Wave for the entire Cycle.

Trade closed manually

Comments
sheaorg
Great post. very nice wave explanation
KonstantinPodgornyi
very good
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