XAUUSD, Elliott wave analysis.
Outlook for XAUUSD on the 3Days chart.
We are probably in sub-wave (B) of wave Y.
I think the sub-waves of wave (B) might form a Triangle on resistance line.
If it can break through a resistance line, it will probably become bearish.
If this scenario is correct, the corrective wave will continue for a while.
Outlook for XAUUSD on the 3Days chart.
We are probably in sub-wave (B) of wave Y.
I think the sub-waves of wave (B) might form a Triangle on resistance line.
If it can break through a resistance line, it will probably become bearish.
If this scenario is correct, the corrective wave will continue for a while.
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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.