XAUUSD is in the end of Elliott Wave structure (according to my counting at least). I expect ABC correction coming soon. If it breaks structure and we get a correction it will be a great short opportunity.
In addition we have 4 hour regular divergence!
Thank you for your support everyone!
In addition we have 4 hour regular divergence!
Thank you for your support everyone!
Note
If it retest the broken trendline, probably i will add to this position, since i already have 1 (check my last XAUUSD idea update)Note
I did not added a position, however i moved my first's position SL within profit area to lock profits. Risk free trade. I think before FED tonight, i will close it. I do not want to risk in high impact news
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.
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.