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TradeFreak
Jul 21, 2016 5:40 AM

XAUUSD ANALYSIS Long

Gold/U.S. DollarFXCM

Description

XAUUSD ANALYSIS

Yet another modification of this chart due to a very deep correction (Wave 2)
It seems that we are right at the start of a HUGE wave III (Minute Period) and the middle/continuation of a wave III (Minuette Period) ???

3x Positions have been booked, once the price point is reached (IF EMAs 8 and 34 Period Cross) then the trade will be opened and I'll ride it all the way to each TP as described.

I've also included additional 4x trades which I shall start at the beginning of each respective wave, as noted in each trade bookings/notes). I believe this is a huge move and will be very profitable.

Trade active

Please note that I've brought my SLs down to 1308.00, trade still active
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