FX:XAUUSD   Gold Spot / U.S. Dollar
193 5 4
GOLD             completed 5 wolfe waves and it goes down to the key support level at 1200
Chk RSI and Stoch level plz.
tmanuelasorina RuhailKhan
yes you are right RSI an stochastic is now at oversold level.Gold is nowin a bearish channel and it can goes up tothe upper limit of this bearish channel.From the upper limit of this channel it will fall down to the key level support at 1,200 to complete the wave 6 of the wolfe analyse.
RuhailKhan tmanuelasorina
1377 around is upper channel?
tmanuelasorina RuhailKhan
no it is the resistance level i will show you immediatly the bearish channel
RuhailKhan tmanuelasorina
Thank you soo much your soo kind
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