XAUUSD DAILY TIMEFRAME FORECAST

30 Nis 2023

I have tried many scenario on Gold, and i prefer this projection as my trading plan.

Invalidation level at 1949.77, means, in the short term Gold continue to bullish before making major correction on Wave 4 as you can see at the picture.

Elliott Wave is high subjective, i will post if there's a new update on my perspective.

Trade safe, Everyone!

Cheers

1 May 2023

Not

2 May 2023

İşlem aktif

4 May 2023

Not

Here's an alternative

7 May 2023

Not

1st Scenario: Still on complex correction, the time XAUUSD hit all time high at 2078 was not a motive according to fibonacci (subjective), there's still a chance XAUUSD to go sideway until CPI or Core PPI release.

2nd Scenario: subwave v of (v) was truncated --> Ready for Major Correction.

I prefer to wait until structure and pattern formed.

Elliott Wave is high subjective, i will post if there's a new update on my perspective.

Trade safe, Everyone!

Cheers

19 May 2023

İşlem kapandı: hedefe ulaştı