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!!
Bandarsq AlphaDreams
Thanks. Cheers!
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?
Bandarsq kylevd23
Thank you. I just published a new idea. Please check it.
Bandarsq webmiztriz
Thank you.
awesome.... :) tx for posting
Bandarsq webmiztriz
welcome :)
u still short right?
No bro. I'm long now.
+1 Reply
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