Wave-Trader
Long

XAUUSD Expecting buy setup on triangle bottom line

FX:XAUUSD   Gold / U.S. Dollar
3411 36 61
If price breakdown the triangle bottom line then it may change the pattern formation. I am not expecting breakdown of this bottom line.
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Gold is going to be epic next week :)
+1 Reply
Wave-Trader TOP veryevilone
Good Luck:
+1 Reply
veryevilone PRO Wave-Trader
Thank you, you too
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Wave-Trader TOP veryevilone
My pleasure mate:
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Wish I had bought it last year.
+2 Reply
There is still buy setup mate.
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albertwt Wave-Trader
@Wave, I wonder what's the buy setup ?
is it for long term investment greater than 5 years ?
+1 Reply
albertwt TomPower
Don't worry Tom, Gold price will be crashing soon, because The FEDS will increase the rate this year.
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TomPower albertwt
Is it a buy here after yesterdays fall, we might miss the move up.
+1 Reply
wait for pattern formation mate it has broken the trend continuation pattern but still in up trend
+3 Reply
The trend was break at 1317
+1 Reply
Wave-Trader TOP PooyaSalehipour
Trend do not break with corrective waves we need impulse for break if we got bearish impulse then we will consider this that bullish trend has broken.
+2 Reply
Wave-Trader TOP Wave-Trader
Corrective waves do not break trend. Corrective waves change pattern formation.
+1 Reply
PooyaSalehipour Wave-Trader
snapshot
Reply
Is There Any Future For gold?!
open your mind with gold.
+1 Reply
Wave-Trader TOP PooyaSalehipour
what you mean?
+2 Reply
Wave-Trader TOP PooyaSalehipour
price will never ever go like you draw on your chart mate do you know lines you have drawn on chart are unrealistic.
+2 Reply
Wave-Trader TOP Wave-Trader
They have nothing to do with price movement
+2 Reply
PooyaSalehipour Wave-Trader
Did you see How PRICE has Change?
+1 Reply
Wave-Trader TOP PooyaSalehipour
Yes but not like you have drawn zigzag lines mate thats why i said price never gonna move like you have drawn on your charts price moves with impulses and trend continuation patterns not like imagination zigzag lines
+1 Reply
PooyaSalehipour Wave-Trader
the zigzag on the cycle time is look like pattern not moving like that. anyway. i am waiting for pullback or retrace the level that i draw.

Bear win again. but need to kill bulls.
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Wave-Trader TOP PooyaSalehipour
Goo Luck Pooya
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Hi Wave, may I know what makes the Elliott wave prediction on this charts goes to bullish this year ?
+1 Reply
Impulses mate
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Agree mate goo luck.
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MindTrader Wave-Trader
Thanks mate
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My pleasure mate
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SL at 1300 as showed in your excellent chart
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Lower High Pattern three months of consolidation forming a descending pattern and base line at 1300 level....finally it break and we r heading down..
Gold down
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Looks like were heading DOWN, looking for a short entry
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we have broken down mate and everything has changed structure and pattern now wait for the new structure and pattern formation mate once i will look for that tradeable structure and pattern then i will update on GOLD mate.
+1 Reply
Maahir29 Wave-Trader
SELL ON RISE MY SIDE

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albertwt Wave-Trader
Yes, does the pattern has been changed this week or not yet ?
Reply
Any update on this pair, thank you
Reply
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