thillygoosth

XAU/USD price action analysis

Alış
FX_IDC:XAUUSD   Spot Altın/ABD Doları
Gold dollar is in a complex combo pattern on higher time frames. Appears to have done an ending diagonal followed by a leading diagonal. I expect this 5 wave it just did to turn into a larger 3 wave down. I do not consider the weekly trend line it came off to be meaningful. It looks like it did a trap pattern to continue down but that may just be a leading diagonal that I am referring to. The question would be whether the "B" wave was done by news movement. Anyways, I expect a little more upside, but in a corrective fashion. Especially if it pulls down a tad and then back up. But you see the level I am watching for. But keep in mind I consider a move up at this time to be corrective for now.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.