keifer

XAU/USD $1493.xx Minimum, $1503.xx Max

Long
keifer Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good Afternoon!

Looking at this chart you can see that we are in a triple zigzag with zigzag X waves. Currently this zigzag is about to be completed when Z wave is complete. How can Z wave go depends on the bulls. Keep in mind that Z wave can extend as much as 1.618% of preceding wave.

I will keep this chart updated but it is up to you to click the "Follow This Idea" flag located beside the like icon.

Cheers!

Not financial advice, do your own research.
Comment:
Trade is still Valid. Here is a close up on the 30 min time frame to show where gold is at currently. There is going to be a small move down, then up.

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