marketpainterPH

Gold may bounce from here

Long
marketpainterPH Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD has impulsively made a downward momentum since its last bull run.
With this hourly timeframe shown on the chart, a bullish divergence has been forming and a less risk for going long can now be executed in anticipation of this bounce and/or correction of the last drop.

#elliotwaveforecast
@marketpainterPH
Trade closed: target reached:
This trade is now closed.

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