xAUAUD traced out a bearish five wave impulse from Aug 2020 that ended in Mar 2020. From March XAUAUD has been forming a double three. Wave Y (Minute) of Wave B (Minor) is tracing out a triangle, which if completed should push AUD to two potential of 2610 and 2684/oz , at which wave Y (Intermediate) will retrace 0.618 Feb level and Wave C (Minor) will be equal to wave A (Minor)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.