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XAUUSD-Wave #3 Confirmation
Gold Spot / U.S. Dollar
Short
XAUUSD-Wave #3 Confirmation
By FxMath
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Updated
May 24, 2016
5
May 23, 2016
If price break lower TrendLine, price will move down and reach to target 1211(161.8% Wave #1).
May 24, 2016
Trade active
Price touched 1230 and Wave #3 is valid. Now it must moves more down to reach price 1211-1212(161.8% Wave #3).
May 25, 2016
Note
Price touched price 1221(1.414% Wave #1) and seems in US session it will touch 1212(161.8% Wave #1) too.
Elliott Wave
Elliott Wave
fxmath
fxmath
XAUUSD
FxMath
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