Mark 1st week of May
Updated
Within her H4 global downtrend hallway (-21 degrees) XAUUSD is set to reach a local maximum around 1860's around first week of May. (90-21=) 69 degree uptrend lines are drawn up to this -21 degree downtrend line to detect local uptrails. T1 is very unlikely, T2 seems to be a perfect continuation, to be unveiled by the said date.
Note
"Gold rush" has no rush. She showed teeth today with %1.37 and seemed to dig towards 1800's, so slowly yet firmly. Still LONG. Due to her no-rush behaviour, my "first week of May" target needs to be extended until 3rd - 4th week of May.
Trade closed: target reached
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