Koch0617

Advanced Wolfe Wave Analysis - Part 9 - Addendum

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Closer look at chart in H4 TF
Shows that reversal point was a Point 4 WW.
Notice how quickly profits can be made if you identify the Point 4.
One bar was an $11 dollar rise in Gold and Wave 5 completed.
Again the WW 1-4 TL points to $1444 area where a longer term reversal comes in per my previous chart.
So if analysis is correct Gold should fall around $18-20 dollars over next couple days
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