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Thegreatomski
Apr 6, 2024 4:06 AM

XAUUSD Bullish Projections Long

GoldOANDA

Description

The wave we've traced is defined as
A=1160
B=2075
C=1676

1) V Calculation = B + (B – C)
2) N Calculation = C + (B – A)
3) E Calculation = B + (B – A)
4) NT = C + (C - A)

so,

V = 2075 + (2075 - 1676) = 2474
N = 1676 + (2075 - 1160) = 2571
E = 2075 + (2075 - 1160) = 2990
NT = 1676 + (1676 - 1160) = 2192

A single candle has pushed us past both B and NT. We technically need a full candle body above B for confirmation, but the 5 lines all pointing straight upwards, and no apparent barriers in our way, I would consider the projected targets to be in play.

Consider this post in relation to my longer term projections shown in the related post
thanks for reading
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