ekgencsoy

XAUUSD - DAILY ELLIOTT WAVE CHART

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
THIS IS NOT A TRADING ADVICE!!!

Update to my previous chart

I am still keeping my XAUUSD bullish idea, despite all efforts from FED, US Treasury interest rates still do not look good.

https://invst.ly/po3ce

VOX index does not show a healing sign.

https://invst.ly/po3gq

Fundamentally;
China phase one deal is not clear enough, phase two still a big question.
China Wuhan virus and SARS still no healing found.
US is holding tension high with China over Taiwan strait and Hong Kong, any step back from these issues will have consequences for both US and China.
US - EU trade issues are not working out well and what may happen with UK is not clear.
Impeachment (not a big deal imo) but clock is tickling for election.
Stock market seems good but we all know the situation about buybacks.

4h chart
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