XAUUSD Weekend Update 📅

GoldOANDA

Description

⋅ Dec 3, 2022 1:54 PM

Somewhat similar situation in XAUUSD as compared to

. I am short therefore all of it can be just a wishfull thinking.

My rationale is that wave a (red) can not be interpreted as an impulse wave up, therefore we should be in the final stages of the correction.

Comment

⋅ Dec 3, 2022 2:15 PM

USDJPY chart -

Comment

⋅ Dec 3, 2022 2:15 PM

Silver chart-

Elliott Wave

Comments

macinowa

⋅ Dec 3, 2022 6:38 PM

shorts are now and will remain high risk trade

Fomenka

⋅ Dec 3, 2022 6:40 PM

@macinowa, fully agree. The chart is somewhat speculative - it is like standing naked against the crowd who is piling into gold

macinowa

⋅ Dec 3, 2022 8:17 PM

@Fomenka, are you still keeping next gold low around Apr23? perhaps you can come up with an alternative count without such drop in price and a high around Oct23?

Fx5Daya

⋅ Dec 3, 2022 2:06 PM

agree

Fomenka

⋅ Dec 3, 2022 2:13 PM

@Haval_Mamar, do not hestitate to hit Like ))

Meraj7045

⋅ Dec 3, 2022 2:21 PM

Agree with you