XAUUSD Bullish Projections
The wave we've traced is defined as
A=1160
B=2075
C=1676
1) V Calculation = B + (B – C)
2) N Calculation = C + (B – A)
3) E Calculation = B + (B – A)
4) NT = C + (C - A)
so,
V = 2075 + (2075 - 1676) = 2474
N = 1676 + (2075 - 1160) = 2571
E = 2075 + (2075 - 1160) = 2990
NT = 1676 + (1676 - 1160) = 2192
A single candle has pushed us past both B and NT. We technically need a full candle body above B for confirmation, but the 5 lines all pointing straight upwards, and no apparent barriers in our way, I would consider the projected targets to be in play.
Consider this post in relation to my longer term projections shown in the related post
thanks for reading
A=1160
B=2075
C=1676
1) V Calculation = B + (B – C)
2) N Calculation = C + (B – A)
3) E Calculation = B + (B – A)
4) NT = C + (C - A)
so,
V = 2075 + (2075 - 1676) = 2474
N = 1676 + (2075 - 1160) = 2571
E = 2075 + (2075 - 1160) = 2990
NT = 1676 + (1676 - 1160) = 2192
A single candle has pushed us past both B and NT. We technically need a full candle body above B for confirmation, but the 5 lines all pointing straight upwards, and no apparent barriers in our way, I would consider the projected targets to be in play.
Consider this post in relation to my longer term projections shown in the related post
thanks for reading
Note
We have hit both V and N targets. Strong impulses. More to come
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