UPDATE: XAU/USD Long TARGET: 1825.00

Updated
Market progressing just as expected. Rejection of the Key support level confirms wave b of the correction. Now let's see how the market plays out through this progression.

We still have to keep in mind the Daily outlook for Gold could go either way based on the interesting development of the Triangle pattern. You can find the link below this post.


Let me know your thoughts and feedback on this forecast.

Signed: Sam
Note
snapshot


Market played out as expected. Now I'm waiting for the market to shift bearish to add shorts.
Chart PatternsChart patternselliottwaveprojectionelliotwaveanalysisGoldpriceactiontradingTrend AnalysisWave AnalysiswavefxwavefxacademyXAUUSD

Also on:

Related publications

Disclaimer