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XAU/USD - Elliott Wave Outlook
Bullish Swings - Patterns:
Cycle Degree Contracting Triangle (turquoise)
ABC sustained bullish swing in Cycle D (turquoise)
Bearish Swings - Patterns:
ABC Wedge Formation in Intermediate (A) (blue)
Next expected swing:
Bullish sequence in Intermediate (B) (blue)
Structure change:
A bearish continuation in an impulsive manner could lead towards a breach of the Fibonacci lines and could then result in a down-trend confirmation.
More details about me in my signature.
XAU/USD - Elliott Wave Outlook
Bullish Swings - Patterns:
Cycle Degree Contracting Triangle (turquoise)
ABC sustained bullish swing in Cycle D (turquoise)
Bearish Swings - Patterns:
ABC Wedge Formation in Intermediate (A) (blue)
Next expected swing:
Bullish sequence in Intermediate (B) (blue)
Structure change:
A bearish continuation in an impulsive manner could lead towards a breach of the Fibonacci lines and could then result in a down-trend confirmation.
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Related publications
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.