thexmell

XAUUSD EW analysis update. Bull trend started!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last week I missed the structure in wave B(red color in chart) the correction wave B actually already ended in 5 waves. I missed the wave 4 hidden in tf H1.

And now Bull trend has been started for wave C (red color in chart), base on SNR structure wave 1 (yellow color in chart) not finish yet and I target wave 1 finish around 1739 there is resistance. And wave 2 target start to retrace from there.

But the marking is just my target base on what market give from last week. Will update time to time the next structure for next week. This is my opinion, if you have any idea pls comment below.
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