Erhan Eker
Long

XAUUSD HEW UPDATE

FX:XAUUSD   Gold Spot / U.S. Dollar
141 views
1
141 0
1251 low fits with Wave -v- of Wave c targets and 1250 level is a strong demand zone . So we can consolidate here for recovery to upside. We also breached down to channel. This is sometimes trigger a processes of resumption of last sellers along with profit taking of early shorters. This processes often end with with test of upper trend channel test and even break of it to upside.

Anyway HEW wise minor recovery looks like three waves. As long as 1251 holds, we can see a move through to 1281 resistance
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out