mcquak
Long

Bullish ABCD finished?

FX:XAUUSD   Gold Spot / U.S. Dollar
445 0 0
We can see that price action likely finished ABCD pattern for us (green color). From longer term perspective I'd expect price could go up while forming further potentially bearish pattern and its CD leg. This is idea is also supported by rising RSI and RSI's divergence with price action we could see earlier.
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