nickwalter7

Gold, it's time to invest

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In fact, we are at the beginning of the 5th Elliott wave ( monthly), that's why I said it's time to invest.
Basically in 1H we have a wave consisting of 5 ascending waves.
On the RSI we have a positive divergence and a harmonic pattern (Pertaining to RSI).

Note: If the trend is broken on RSI, it will be broken on the price (the blue one).

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