VRShaiju

XAUUSD in the perspective of Elliotwave - Sep 18 2021

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
We have a very big event this week, which is FOMC. It's one of the most important events that considered this year. Investors get very clear directions after this event. In terms of Gold, the event does not favor long. Technically this event brings the price down to the level below 1710. However, we are inside a big bullish wedge pattern which should complete this month. Be ready unexpected. Watch the video for price action before the event.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.