TradingEW
Long

XAUUSD corrective pattern

FX:XAUUSD   Gold / U.S. Dollar
106 7 2
Gold             plunged right down to an invalidation level for an expanded flat correction .
Whether this correction wave count has been invalidated or it still holds, the PA since August 2013             top has been corrective and reasonably complete as a wave (b), waiting to be retraced by the next impulse wave (c).
I've got different view and I think that we are close of the end of C (which is triangle ABCDE) and I expect start of impulse wave up number Vth :
snapshot
+3 Reply
TradingEW diamondekk
Great chart and very probable.
+1 Reply
diamondekk TradingEW
Thank you!
Reply
webmiztriz PRO diamondekk
nice chart :)
Reply
TradingEW webmiztriz
Thank you & EW works!
Reply
Yeah, for upside move (we hit a very important level, which could hold) we need to see series of higher highs and lows. And not (of course) another break down...
+2 Reply
TradingEW sunmikee
Yes, of course.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out