My Thoughts On XAU/USD
In this analysis of XAU/USD on the 4 HOUR Chart, This Pair had been BEARISH . After the last Impulse Move, the pair moved BULLISHLY. The correction waves have created an ASCENDING TRIANGLE . I forecast that this pair will break the area of resistance and trendline lines of the ascending triangle and begin moving BULLISHLY. Today also happens to be NFP, so price could move according to the sentiment of the day. In this analysis, I utilized Elliot Wave Analysis & Chart Patterns. FOREXCOM:XAUUSD
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