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Gold Spot / U.S. Dollar

XAUUSD Elliot Wave Trading Plan

By Joshuaas1005
Updated
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 sell
Trade active
Strong rejection at 61.8% fibonnaci which is around 1605, therefore we can open sell and aim around 1320
Trend AnalysisWave Analysis
Joshuaas1005

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