XAUUSD will rise dramatically due to some important reasons.
1. It is right on the static support of September 1 2011 which pulled back to this support after breaking the resistance.
2. It is right on the dynamic support of Trend line and the bottom of the channel
3. 4th Elliott wave is shaped as a triangle and after breaking the top of the triangle, 5th wave starts.
(Consider that 5th Elliott wave is the longest wave among the waves)
1. It is right on the static support of September 1 2011 which pulled back to this support after breaking the resistance.
2. It is right on the dynamic support of Trend line and the bottom of the channel
3. 4th Elliott wave is shaped as a triangle and after breaking the top of the triangle, 5th wave starts.
(Consider that 5th Elliott wave is the longest wave among the waves)