FX:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

Gold is currently stuck in a rising wedge with a Doji to the count of "D". I learned from Elmo that the next letter after "D" is an "E". My guess is that the "E" point is somewhere around confluence area with the historical and diagonal line 1232.5

Therefore, I'm voting for a long for Gold for this week.

Please visit my blog for further information. Cheers!
bountytrader.blogspot.com


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.