Gold to finish big wave IV (ABC Correction) and finish wave 2 by touching strong support at 1764. I personally will choose Buy for long trade only. Also see price action to get the best price for entry.
Price and Momentum: price bounce at strong support at 1764 also confirm by fibo cluster (0,5 and 0,618)
Pattern: Descending Broadening Wedge
Time: Mercury in Retrograde
XAUUSD
Price and Momentum: price bounce at strong support at 1764 also confirm by fibo cluster (0,5 and 0,618)
Pattern: Descending Broadening Wedge
Time: Mercury in Retrograde
XAUUSD
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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.