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XAUUSD 30/08/23 DAILY TF

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
A leading Diagonal is simply a motive wave pattern described by Elliott that is not an impulse( a five wave pattern that doesn’t contain wave overlap) while a leading Diagonal is such like a sideways motive pattern indicating how weak a reversal is starting say minds unstable about the beginning and it’s often followed by a sharp corrective wave but mustn’t extend the motion.

Check the previous tag below.

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