Simon_says

XAUUSD 4H - Elliott waves analysis

Simon_says Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
We are in E -> F wave, which means break out from 1300$ and then short term move down (F ->G) to 0.5 fibo.

At this exact moment (24.08.07) we are in sideway move, which fits February pattern (17th-23rd 02.07).

New plot is continuation of previous work, that was active for two months.

Please check:


Comment:
*I meat '17 not 07 ;)
Comment:
*meant
Trade active
Order cancelled:
It was a good idea but E -> F move was to short on my plot.
While G and H levels very very well spotted.
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