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BeyondEdge
May 12, 2020 11:31 PM

Correction Wave 4 in play - XAUUSD Long

Gold / U.S. DollarFOREX.com

Description

Elliot wave count adding further confluence to my previous ideas.

Expecting a bullish breakout from current consolidation.

Quarterly outlook:-
2nd: Bullish
3rd: Bearish

*Disclaimer*

This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.

Do not trade or speculate based solely on the information provided.

Trust you own analysis.
Beyond Edge


Comments
BeyondEdge
Near impossible to gauge time periods using wave counts as they are not time specific. However taking into consideration various other technical analysis, I would think that XAUUSD will realise that price point within Q2.
BilhyAbbs
How long it takes to reach (5)???
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