XAUUSD Roadmap II Long

GoldOANDA

Description

⋅ Dec 16, 2020 11:27 PM

Update to the original post.

Price pushed up more impulsively for the first wave than originally expected, so the pullback down to 1817 should be sufficient to generate fuel for the next push up.
Today's intraday fed-induced short-covering seems like a spark for another push.

Comments

DM60

⋅ Dec 17, 2020 5:04 PM

monthly chart :

weekly chart :

daily chart :

h4 chart : <deleted>

DM60

⋅ Dec 17, 2020 5:04 PM

that's what i was thinking

DM60

⋅ Dec 17, 2020 5:03 PM

thanks for the solid analysis

forexboat

⋅ Dec 17, 2020 3:29 PM

Thanks for sharing .... Nice description and analysis.

theroadtoprofit

⋅ Dec 17, 2020 4:29 PM

@forexboat, Thanks for the comment!

deisyvivian911

⋅ Dec 17, 2020 3:22 AM

wow one of the best explanations! thank you sm!

theroadtoprofit

⋅ Dec 17, 2020 2:15 PM

@deisyvivian911, Thanks for the support!