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salvanost

EW scenario

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
salvanost Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
6
1
trendanalysis
EW scenario, but im not taking the wave just the fibo
wave 4 = 0.382 retracement
after wave 5 can drop to 0.5 retracement
but I'm playing safe, waiting retracement to 1990 from 204x
Comment:
I never rely on EW, but sometimes I still used the wave to determine the fibo target
is it reliable? no
but before the wave I already eye on 2040 area

the EW information:
1898 drop to 195x
retest 1938-1944 support

other than that it just common target used by usual TA
Comment:
Comment:
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