MarioSianipar_

XAUUSD DAILY TIMEFRAME FORECAST

MarioSianipar_ Updated   
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
I have tried many scenario on Gold, and i prefer this projection as my trading plan.

Invalidation level at 1949.77, means, in the short term Gold continue to bullish before making major correction on Wave 4 as you can see at the picture.

Elliott Wave is high subjective, i will post if there's a new update on my perspective.

Trade safe, Everyone!

Cheers
Comment:
Trade active
Comment:
Here's an alternative

Comment:
1st Scenario: Still on complex correction, the time XAUUSD hit all time high at 2078 was not a motive according to fibonacci (subjective), there's still a chance XAUUSD to go sideway until CPI or Core PPI release.

2nd Scenario: subwave v of (v) was truncated --> Ready for Major Correction.

I prefer to wait until structure and pattern formed.

Elliott Wave is high subjective, i will post if there's a new update on my perspective.

Trade safe, Everyone!

Cheers
Trade closed: target reached

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