P_T_C

Gold- XAU/USD- Possible price projection

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders,
My previous forecast for Gold worked almost fine. It was not as accurate as I expected but worked (Link below).

Here is my second forecast for Time Cycles in XAU/USD :

I don’t mean that price movement will be exactly like the bar pattern on the chart. But if the time cycle zone number 1 works then the time cycle zone number 2 will work for sure.

Price might move downward before the time cycle number 1. That’s fine.

I am “testing” my cycles on Gold, so I will wait till the second zone to see if the first one has worked or not. If the first zone does not work then I will ignore the second zone.

I will update the forecast when price gets closer to the zone number 2.


Please make sure to Like and follow so you will receive notification of analysis update in a real time.


Good luck

P.S. Other forecasts that I've published for EUR pairs have been accurate (worked fine) but Please consider that I am testing my cycles on Gold.
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