Bandarsq
Long

Gold Retraces to Make Wave X

FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD             has completed WXY and now is up for wave. Correction is not over yet as I expect another WXY after this retrace.
Comment: Entry signal is by breaking out of the down trend.
Comment: XAUUSD reached a lower level around 1206 which happens to be a respected Fibo level. I updated the EW count as shown below.
Comment: Possible Inverted Head and Shoulders pattern. Breakout will confirm it.
Trade closed: target reached: Target 1243 perfectly hit today. Hope you all enjoyed it :)
Awesome targeting! Great work!!
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Bandarsq AlphaDreams
Thanks. Cheers!
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By far the best chart analysis I've seen so far. Excellent call on the bounce to 1240's, where do you think it will go next?
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Bandarsq kylevd23
Thank you. I just published a new idea. Please check it.
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EXCELLENT!!
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Bandarsq webmiztriz
Thank you.
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awesome.... :) tx for posting
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Bandarsq webmiztriz
welcome :)
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u still short right?
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No bro. I'm long now.
+1 Reply
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