rv
Long

XAUUSD(Daily). Potential AB=CD completion and recovery Bounce.

rv  
FX:XAUUSD   Gold/U.S. Dollar
730 2 8
Price recovers above trend_line support, 1100 , median of Channel after hitting 1.618 Fibonacci extension , AB=CD . Oversold, Potential bounce. (Potential Seasonality boost)
WaKaS
2 years ago
i think its going for double bottom ...
Reply
rv WaKaS
2 years ago
may be, or a minor one. Anyhow, this is still a play on a bounce to potential 1130.
Reply
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