XAU/USD 11.12.24
XAUUSD Hello traders,
After the bullish move to 2720, we have reached my maximum Fibonacci extension level for the major wave 3. I am now anticipating an ABC structure for wave 4. Wave B might rise above 2720 to trigger stop-losses for sellers, so avoid placing your stop-loss too tight. Allow the trade some room to breathe, as we could then see some bullish momentum—possibly even another 1-2-3-4-5 setup within our white count for wave 3.
Trade active
Trade closed: target reached
lolvly abc predicition
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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.