fx_iranian_traders

Elliott Wave count for Gold (alternative scenario)

FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone, I updated the alternative scenario chart in H1 timeframe, for this scenario I expect some upward movements to complete wave E of this expanding triangle and after that strong downward movements begin(previous wave count for this scenario is still valid but I like this idea more). You can see the details in the chart, If you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates.


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