FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD SHORT ANALYSIS TO 1756: We saw Gold carry on surging higher this week & we can see that wave 3 extended higher then I expected. The drop on 24th August was the end of wave 3 & the correction down to 1780 was wave 4. Expecting one final wave back up towards 1827 (wave 5) before we see a mid term correction towards 1754 begin.

Considering the overall move down to 1756 is a corrective move which means the move down will be slow, this coming week being Bank holiday and NFP on Friday, it seems like the overall momentum/volatility in the markets will match the move down on Gold.

I will be catching this move on behalf of myself and my Account Management Investors✅
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