XAUUSD Monthly Interesting and important idea
Updated
Hello traders this my opinion and my analysis about future of GOLD .this analysis was made by Harmonic Elliot Wave ( tried to use HER method) , Harmonic Pattern , Price action and Ichimoku (It's because our chart is crowded enough !) . I see a uptrend as wave 5 from wave c from major wave 5 . and also an expanded flat as wave a for correction ( It is maybe for a big demand for Gold and it will be as extended wave (b) in the flat ) . and also I can see a Three Drive Harmonic pattern . in a price action view we can see a rising wedge too so I see sharp drop for GOLD in future !
I know this chart is crowded and I'm sorry !
I know this chart is crowded and I'm sorry !
Note
This is my opinion .Ichimoku is hidden because our chart is crowded enough . I see an uptrend .Sorry I was littlie excited I did some mistake in my writing and I corrected that :)Note
The route for Three drive pattern and Elliot waves are the same but for better view I a little changed the Three drive pattern points that you could see it better. !
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