See the chart it will go for buy intraday then it will test on zone then go for sell.
The price have tested on zone and SNR too so it shows reversals not on one but on many technical analysis so look for entry.
The price is clearly moving bullish so wait for correction before buy. Dont worry there will me correction to our entry level because the value of CPD = +1 for today so correction happens and cpd will probably rise tomorrow for upward movement.
Enter accordingly with respect to the analysed chart given. Zone entry and money management.use basic fundamentals for best entry from the given chart. you can ask me to analyse any chart on here
Gold can go bullish as usd is still weak and aud strengths . CPD for gold is also more than +3 .Wait for the price to retest in the entry area first patiently and then enter the area.
Calculate CPD value for more confirmation. Do risk management before entry and USD is gonna be weak so there are many confiramtions to enter the market.
CPD >/= +4 ELLIOT WAVE. The chart shows expanding wedge which is already break out for buy entry now lets just wait for the price to be on our entry zone for minimum floating.
CPD of XAUUSD = +5 CPD value =4 and 5 :is powerful and fast movement towards +/- CPD value= 3 : indecision ,no +/- may walk consolidation CPD value= 1 and 2 : weak and sluggish movement ,intraday trade may become swing +/- is the direction of power + : rising - : falling Thank you.