Long

Updated

XAUUSD catch the next impulse!

Hi fellow traders, XAUUSD will be ready to make a move higher from the blue box after completing the ZIGZAG correction. Let it slide deeper into the blue box and look for an entry. Target the 2771.20 level. Good luck and trade safe!

~ OGwavetrader

Trade active

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Move your stoploss to break even as soon as we close above the grey ‘Risk free zone’.

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Expecting a 3-wave decline from this area.

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Let the correction mature so we can determine a new long entry.

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Next stop: 2690 level.

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Expecting both TP1 and TP2 to be hit next week.

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The structure has changed guys. It seems we are going higher correctively. I'm just focussed on a move to 2690 area for now. Will update once we reach that level.

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Expecting a move up on gold from this area to complete the "C" wave.

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Structure has changed, we have to adapt. Still looking for a move up.

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Targeting 2771.20

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Trade closed: target reached

OGwavetrader

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OGwavetrader

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