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TimeWaveTrading

Gold Trend Analysis Update

Gold Spot / U.S. Dollar (FX:XAUUSD)  
TimeWaveTrading Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
5
0
trendanalysis
Yesterday's rise is judged to be A-B-C, not wave5. So, I expect the next week's high to be at Y, and that will be the new weekly resistance key level. It is expected to decline until at least early September.
Comment:
Correct. It is expected to decline until at least early October.
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