THEORIS : Gold Elliott wave chart of #XAUUSD

Updated
Triangle to break up green line.
15m after drop I think it must rise as a black arrow path
minimum target 2340
if it can not pass the worst case for this ABCDE pattern, It should drop like a pink arrow path.

Big picture.
4H EW chart abcde high potential to break green line.
snapshot

All of this is invalid if the price is lower than the E zone.
Note
first tartget 2340 zone
snapshot
Note
2nd target 2365 level is done.
snapshot

Long term heading to 24xx zone
abcdepatternChart PatternsGoldWave AnalysisXAUUSD

Also on:

Related publications

Disclaimer