thenry
Long

Elliot Wave Speculation

FX:XAUUSD   Gold Spot / U.S. Dollar
Looks to me like it is quite "Bullish". Last move up appears to be a "B" wave (Lower volume but testing a new high) If this "B" wave holds looking for a weak "C" wave down. This would be an "Expanded Flat". The 1249.00 is a good area. Other wave "2"'s have hit in this area as well.
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