Wolf_of_Trading

XAUUSD !! Let's draw the scenario of correction

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Let's draw the scenario of correction with the opening of the monthly candle

If the region I marked in red is broken, the target will be 1881

If the correction is done in the region I marked with the green box, the target would be 2030

It is necessary to enter the process by looking at which box the correction will correspond to. The trend line separating the two regions is very important so we have two different regions.

Opening a monthly candle, so don't be in a hurry to open a trade

Comments

Thanks
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Gotta love Gold, as always much appreciated for your good work and generosity.
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upvoted. nice setups today!
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Wolf_of_Trading ProjectSyndicate
@ProjectSyndicate, thanks bro , lets see the correction first then we will be in the right move
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Drewdude ProjectSyndicate
@ProjectSyndicate, I take it you have the same bias on gold?
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ty :)
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@nginkurt, :)
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