FUNTRADER-Vera

0704 P1/8XAUUSD buy order still for a sideways on the top

Alış
FX:XAUUSD   Spot Altın/ABD Doları
XAUUSD , as our long trade still valid, is still bull for now.
But what we expect only a sideways on the top zone.
On weekly chart, it should have a unfinished ABC wave to be completed in the coming few weeks.
It possible for gold to retest the highest position of the red box (B).
On the left chart, the daily support on the red zone is clear and we assume it will follow the main trend of the weekly chart up.

Less is more!

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