0911 XAUUSD is still in the red ascending channel
XAUUSD did not make a new high this week.
And it pulled down after making a new reflection point on the channel.
And the correction from the point has not finished yet.
This corrective wave could last till next mid-week.
Meaning price could goes down to red C before making a new wave up inside the channel.
Once the channel is broken by the corrective wave, we would see a double bottom later which is not predictable right now.
Less is more!
And it pulled down after making a new reflection point on the channel.
And the correction from the point has not finished yet.
This corrective wave could last till next mid-week.
Meaning price could goes down to red C before making a new wave up inside the channel.
Once the channel is broken by the corrective wave, we would see a double bottom later which is not predictable right now.
Less is more!
Comment:
Comment:
Dont rush to long gold .
Comment:
This chart above is telling a support story .
Doesn't know if that support is really come yet.
Doesn't know if that support is really come yet.
