XAUUSD
As communicated, I am waiting for a correction to wave 4 and seems like it is moving towards wave 4. However, based on EW rules, the correction for wave 4 can up to 50% retracement. Personally, Fierrax believes that the correction won't be so huge. The correction might stop on 23.6% or 38.2% which are also a monthly resistant level.
For education purposes only.
For education purposes only.
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.