


smosshotfx
For H4 lookout, XAUUSD have 2 potential to go upside, first hit the OTE on 2380 after close the GAP and reversal to upside, or second the price is continuation to downside reaching the last OTE around 2340-2321 and then reversal to upside. Im focusing to selling cause the price have potential make a double buttom pattern, and watchout in every OTE i've been drawing
XAUUSD now aproaching crucial price on daily resistance, for the wave analysis, the price should retest and continuation to upside, but are the price is retest and continue upsade or turning to downside ? we'll see
XAUUSD already break the pattern and already fly, but the price will pull back to take the astronout before fly higher, as you can see, the elliot wave already hit the 5 wave, and neet to retrace ABC wave to fly higher. You guys can see the number of elliot wave, the zone, and the fibo on the chart
gold back to the bearish channel and now continuation to down side, the price already make e lower low and now on retes to the trendline, and after that, the price will continue to bearish
XAUUSD now on wave 3 to wave 4 and make a pennant pattern. Gold often makes a pennant pattern from wave 3 to 4 to continuation on wave 5, now just waiting the pattern is completed and following the price rally to wave 5
XAUUSD plan for this week, now the market is going to make a wave 4 and then continuing to make a wave 5 to finnish ABC pattern from elliot wave I already put the fibbonaci area as you can see on the picture, and also you can be prepare that this structure have potential false break out, so lets wait and see
XAUUSD now on Wave 3 and going to last resistance, after great impulsive last night gold have potential to get back down to 1797 area for retracement and then continue to the last resistance at 1812, we analyze it the price will make a little base/pattern around that price and hopefully it will break it like on the image
XAUUSD Already break the consolidation and already make a correction. With using Elliot Wave Strategy, we see the price will make a great impulsif and still on bullish trend until Februari 2022