waveslover

🐂 BULL WOULD FLY IN ROCKET TO 1770 🚀 🌝

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The sign of explosion was confirmed yesterday and the strong resistance line was broken.

Bullish 9 waves are expected.
So I keep the scenario1 which I made yesterday.

✴️Scenario1) Bullish
If 1755 is Weekly1, 1719 is Weekly2(beginning of bullish).

If scenario1 is right, the yesterday's low is the beginning of the impulse wave (lime2) which is the 3rd wave and should be strong.
This strong wave would make 9 waves to break 1(lime).

Also, the support line which was formed yesterday, this is the very very strong one.
I think this is the second or third important trend line this year.
Then I put the parallel line onto the very important high,last Thursday's high(1755).
Something which was invisible is now very visible, the upward trend can be seen.

If my counting is correct and as long as the support line remains unbroken, BUY.

TARGET1755-17700
STOP1719

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