Trade Sell XAUUSD/Gold
Gold was able to break the 1804 daily resistance nicely on the daily timeframe but a possible leading diagonal completing the 5th wave. We should be expecting an ABC correction wave down to 1674.00 for Gold We might see Gold moving down the resistance zone and a possible breakout downward of the leading diagonal. we will wait for the daily close for confirmation on that and send the chart update .
Gold was able to break the 1804 daily resistance nicely on the daily timeframe but a possible leading diagonal completing the 5th wave. We should be expecting an ABC correction wave down to 1674.00 for Gold We might see Gold moving down the resistance zone and a possible breakout downward of the leading diagonal. we will wait for the daily close for confirmation on that and send the chart update .