Gold Spot / U.S. DollarUpdated

ENDING DIAGONAL ! CORRECTION OR KEEP PUSHING UP ?

Last Friday Gold Make The History Again By Making New ATH And That The Psychology Level Of 2500, And All The Way Up To 2509.8 Marking As New ATH (For Now) By Closing Above 2500 Weekly/Daily And 4H Candles Strongly.

What drives Gold Now ?
  1. No Any Good Resistance
  2. Fundamentals Are Good For Gold
  3. War Is Still Going On


But As My Simple Elliot Wave Annualize Gold Has Make A Ending Diagonal Pattern Here. Ending Diagonal Is Indicating A Reversal Sing Of Gold If Follow Technicals. But Have A Doubt About That Because Of The Behavior Of The Gold Is So High Demand As Same Time. If The Diagonal Break Is Solid Gold Can Again Make A Motive Until Price Reach 2650.

Will See On Next Week What Will Happen.
Wait For More Update
Trade closed: target reached
2530 Almost Touched
Trade active
Expecting Gold Will Fall Back To 2502 At least
Trade closed: target reached
TP 1 HIT 220 Pips Done Holding Higher One With BE
Trade closed: target reached
Mainly I Have Focused On 2480 But Gold Make the Surprise
Note
Gold Is Still On Uptrend If Today Candle Close Above The Upper Trendline There's A High Probability To Reach 2650 Again Easley

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