Gold Spot / U.S. DollarUpdated XAUUSD Elliot Wave Trading Plan
Strong resistance at 1460, it could be the end of Wave A. Buy now and aim around 1600 for Wave B, then sell and aim around 1320 for the final Wave C.
Trade closed: target reached
The buy target is reached, now wait for reversal candle to sellTrade active
Strong rejection at 61.8% fibonnaci which is around 1605, therefore we can open sell and aim around 1320
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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.